European Markets Slide 1% as Rate Hike and Energy Fears Persist

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European Markets Slide 1% as Rate Hike and Energy Fears Persist
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European Markets Set to Open Lower as Rate Hike and Energy Fears Persist

European markets opened lower Friday as recession warnings, expectations for further rate hikes and continued volatility in the energy market weighed on stocks.The U.K.'s FTSE 100 was down 0.4%, Germany's DAX down 1.

19% and France's CAC 40 down 0.95%.
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