European shares dropped amid Spain and China news on Friday

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Source: Marketwatch
European stock markets closed down on Friday pushed by worries over Spain and weaker than expected China's GDP. Unexpected drop in US consumer sentiment index also contributed to the negative side. Stoxx Europe 600 index fell 1.5%, Spanish IBEX 35 tumbled 3.6% and Italian FTSE MIB index plunged 3.4%. Meanwhile French CAC 40 index slipped 2.5%, UK's FTSE 100 gave up 1% and German DAX lost 2.4%. 
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