European shares tumble on growing Italian and Spanish yields

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Source: Marketwatch
European markets closed substantially lower on Wednesday as soaring Spanish and Italian borrowing costs weighed on investor sentiment. Stoxx Europe 600 index fell 2.1% or close to a one-month record low. FTSE 100 index plunged 2.3% and German DAX lost 2.8%. French CAC 40 index dropped 2.7% and Spanish IBEX 35 tumbled 2.1%.
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Thu, 05 Apr 2012 06:11:47 GMT

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