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European stocks drop at open on US rates worries | Malay Mail

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LONDON, June 21 — Europe’s stock markets swung lower today on growing expectations the Federal Reserve will begin lifting interest rates as early as next year, dealers said. In opening deals, London’s benchmark FTSE 100 index slid 0.7 per cent to 6,969.79 points, compared with Friday’s...

LONDON, June 21 — Europe’s stock markets swung lower today on growing expectations the Federal Reserve will begin lifting interest rates as early as next year, dealers said.

Frankfurt’s DAX 30 index fell 0.8 per cent to 15,325.98 points and the Paris CAC 40 also shed 0.8 per cent to 6,515.55, after earlier sharp losses in Asia.

 

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