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Market Update

European Stocks Tumble Amid Global Growth Concerns

European markets pushed sharply lower on Thursday, following weakness in their global counterparts after the World Bank slashed its 2013 world growth outlook.

At 9:23 a.m. London time, the FTSE 100 lost 1.1%, the CAC 40 Paris dropped 1.3% while the DAX Frankfurt slumped 2.1%.