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Market Update

European Shares Slide Amid Fed Concerns

European stocks were trading with sharp losses, tracking weakness in Asian markets amid renewed speculations that the U.S. Federal Reserve may start rolling back its monetary stimulus program.

Britain's FTSE 100 lost 0.8% at 9:12 a.m. London time. France's CAC 40 Paris retreated 1.5% while Germany's DAX Frankfurt gave up 1.2%.