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Markets

European stocks slump at open

Published May 29, 2019 Updated May 29, 2019 08:36am

LONDON: European stock markets slumped at the start of trading on Wednesday after weakness in Asia and on Wall Street triggered by the lingering US-China trade war.

Frankfurt's DAX 30 index shed 1.0 percent to 11,906.02 points and the Paris CAC 40 slid 1.2 percent to 5,249.27.

Outside the eurozone, London's FTSE 100 index dropped 0.7 percent 7,220.98 points compared with Tuesday's closing level.

Copyright Reuters, 2019

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