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CAC 40 leads European stocks even lower

The European stock markets have just now extended the falls that saw both the DAX and the FTSE 100 earlier break below their respective 50 day moving averages. So, the FTSE 100 is now closing in on the 8,100 handle and the DAX has just this minute fallen below 18.300. Both those moves are being led by further losses in the CAC 40. The French index has now fallen to a fresh low on the week a moment ago around 7,760, as the fallout from all the news since the weekend continues to force a flight out of stocks.

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