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Friday, November 06, 2009
European Shares Lower After U.S. Jobs Data
By Sarah Turner
MarketWatch Pulse
LONDON -- European shares declined on Friday afternoon after U.S. nonfarm payrolls dropped 190,000 in October, a bigger fall than economists were expecting, and the U.S. jobless rate rose to 10.2%. Construction firms were weak in Europe, with Lafarge down 4.1%, as investors also eyed up earnings. The U.K. FTSE 100 index declined 0.5% to 5,100.67, the German DAX index lost 0.8% to 5,437.60 and the French CAC-40 index fell 0.9% to 3,676.68.
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