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European Stocks Point to Early Losses
Topics:Western Europe | Eastern Europe | London Stock Exchange | Stock Picks | Stock Options | Stock Market | Corporate News
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European stock index futures pointed to early losses on Tuesday, adding to the previous session's 6 percent drop as signs of a worsening global slowdown knocked down stocks around the world.
At 0703 GMT, futures for the Eurostoxx 50, Germany's DAX and the French CAC 40 were down between 1 percent and 1.9 percent.
The FTSEurofirst 300 index of top European shares sank 6 percent on Monday, wiping out a big chunk of last week's rally as gloomy macroeconomic data rekindled worries over a prolonged global slump.
The Dow Jones industrial average tumbled 7.7 percent, the Standard & Poor's 500 Index slid 8.9 percent and the Nasdaq Composite Index lost 9 percent.
Copyright 2008 Reuters. Click for restrictions.
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TOPIC : Western Europe
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