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Most of Europe opens lower for much the same reasons that Asia has fallen: Moody's bank ratings...

  • Friday, June 22, 2012, 3:34 AM ET
    Most of Europe opens lower for much the same reasons that Asia has fallen: Moody's bank ratings cuts and concerns about the global economy. London -1%, Paris -0.9%, Frankfurt -1.1% and Milan -0.5%. The outlier is Madrid, which is +0.2%, possibly on relief that its banks apparently need far less than the €100B the EU is offering.
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