While you were sleeping: Italian turmoil hits European stocks, euro

Mon, 28 May 2018

By Margreet Dietz May 29 (BusinessDesk) - European stocks and the euro moved lower amid concern new elections in Italy might spark fresh debate about a break-up of the region’s single currency, while oil extended its slide amid signs OPEC and its partners are planning to lift production. Europe’s Stoxx 600 Index finished the day with a 0.3 percent fall from the previous close. Germany’s DAX Index ended the day with a 0.6 percent slide from the previous close, while France’s CAC 40 Index also declined 0.6 percent. Fresh Italian election...

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