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European Shares Slip Into Red After Two-day Rally

Apr 08, 2020 - Nasdaq

(RTTNews) - European stocks fell on Wednesday after Spain's daily toll of coronavirus deaths rose for the first time in five days and the death toll surpassed 10,000 in France. The German economy will shrink by nearly 10 percent in the second quarter as the coronavirus paralyses the country, six leading research institutes warned today. The Bank of France said the French economy has entered recession with an estimated 6 percent drop in the first quarter of this year compared to the previous th...