Due to rise in Chinese interest rates European Markets fell down
European equities like the FTSE , CAC and DAX fell when China announced a surprise rise in interest rates, raising fears of a slowdown in global growth and pushing miners lower. Mining stocks, which have performed well on China's economic growth, slipped as copper tumbled.Technology stocks featured among the worst performers after disappointing results from US consumer and technology titans. FTSE Index, DAX Index & CAC Index were down.
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