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European Sentiment Sours
Posted on February 08, 2010
European investors are getting antsy again after Mondays quiet morning session. Stocks are losing their earlier gains partly as concerns mount about how banks and insurers will affected by possible sovereign-debt problems in Europe.U.S. stock futures are also pointing to a flat, or even lower, open. The pan-European Dow Jones Stoxx 600 Index is now down about 0.2% after rising nearly 1% earlier; shares in Athens and Lisbon have also turned squarely downward.Meanwhile, prices of bonds issued by governments on Europes periphery are showing some signs of weakness, and the euro is trading at...
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