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Oil prices, stock markets slide as coronavirus cases rise – business live

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Covid-19 concerns and pessimism that a US fiscal stimulus package can be passed before next week’s election drag markets lower

European stock markets have posted chunky losses at the open. UK’s FTSE 100 index down 0.8% at 5,812 Germany’s Dax down 2.7% France’s CAC down 1.3% Spain’s Ibex down 1.3%.

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