Stocks in Europe and the euro plunged after a weak opening on Wall Street on Friday, driven down by scepticism over a US jobs stimulus and doubts about European banks.
A trader speaks on the phone in front of a screen showing the CAC 40 in Paris. Stocks in Europe and the euro plunged after a weak opening on Wall Street, driven down by scepticism over a US jobs stimulus and doubts about European banks.
European shares plunged by about 3.0 percent led by banks, with French Societe Generale down 10.0 percent, as alarm about growth and debt again burnt into confidence, and then a new shock struck with a resignation at the European Central Bank.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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