European stocks untie after Asian, US losses
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Europe's main stock markets slid in early trading, as Asian stocks plunged amid the worst-ever drop in Bangkok and following losses by Wall Street overnight.
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European markets edged back Tuesday after two days of strong gains, with investors rotating back into more defensive stocks such as utilities and food groups.
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European equities faced another turbulent day on Wednesday after another major sell-off on Wall Street and the Asian markets that was sparked by growing fears of a US recession, dealers said.
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European shares fall heavily, mirroring East Asian declines, as fears over the US economy continue.
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European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reserve's surprise interest rate cut aimed at shoring up the sagging American economy.
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Europe's leading equity markets rallied on Tuesday, a day after world stocks had slumped on concerns about resurgent US inflation.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower.
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Global equities put in mixed performances yesterday as US investors booked profits following last week's strong gains but Asian markets rallied in response to Friday's burst of corporate takeover activity.
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LONDON: European stock markets rallied yesterday as investors appreciated gains in New York and Asia and digested a flurry of company news.
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Markets in Asia and Europe fell again today as investors dumped stocks that had surged in recent weeks.
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European stock markets have weakened in morning deals despite gains by Wall Street and in Asia owing to evidence that the US economy is stronger than expected.
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European equities fell on Tuesday after losses in US and Asian stock markets, prompted by renewed fears of credit market weakness.
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European stock markets end the week with the FTSE, Dax and Cac losing 2.6%, 4.6% and 5.0% respectively.
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Europe&#39;s main stock markets rallied on Tuesday following a modest rebound for Japanese equity prices in Asian trade.
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European stocks rose Wednesday, shaking off declines on U.S. stock indexes the previous day, as U.S. investors sought bargains.
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European and Asian stock markets saw further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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Stock markets took another hit on Wednesday as European equities moved lower, after indices plunged across Asia and in the US.