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| European markets fall amid coronavirus spread |
European markets extended decline led by weakness in US futures and weak sentiment across Asian markets. The Stoxx Europe 600 Index slipped due to a fall in crude prices.
FTSE and CAC were down 1% each, while DAX was down 0.29% in today’s trade.
Asian markets ended on a mixed note on Monday as investors continued to assess the economic impact of the global coronavirus pandemic. In Japan, the Nikkei 225 closed down 1.57%, while mainland Chinese stocks led losses, with the Shenzhen Composite and Shenzhen component both dropping more than 2%.
Meanwhile in Europe, the number of deaths from coronavirus in Italy fell for the second consecutive day on Sunday.
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