European stocks slide at the open

European stocks slumped at the open Thursday, with the Stoxx Europe 600 SXXP, -0.83% falling 1%, after a rough Wall Street session following the grim outlook from Federal Reserve Chairman Jerome Powell.

Geopolitical tensions were apparent as the U.S. accused China of trying to steal vaccine information while France objected to one of its drugmakers, Sanofi, saying it would give U.S. priority to a coronavirus vaccine. Futures on the Dow Jones Industrial Average YM00, +0.06% fell 67 points.

Great Depression v2.0?

YES

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