European shares close sharply lower, with some of the loss being catchup for yesterday's day...
European shares close sharply lower, with some of the loss being catchup for yesterday's day off, but the rest from continued sovereign debt concerns - the yield on Spain's 10-year +22 bps to 5.98%, a 4-month high. Stoxx 50 -3%, Germany -2.4%, France -3.1%, Italy -5.1%, Spain -2.9%, U.K. -2.2%. The euro -0.2% to $1.3080.
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