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European markets end the week on a bum note

Sep 18, 2015, 21:07 IST

REUTERS/Marcelo del Pozo

The FTSE 100 closed down 1.34% to 6,104.11 on Friday, while European markets had a big sell off after the US Fed's decided to delay an expected interest rate rise on Thursday.

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The Fed's concern over the global economy, especially risks coming from China and emerging markets, hit investor sentiment.

In the US, the Dow was off 235 points, the S&P 500 was down 38, and the Nasdaq fell 20.

European markets had a terrible day. Germany's Dax fell 2.77% while France's CAC40 was down 2.48%. The Euro Stoxx 50, an index of the region's biggest companies, was down 2.85% at the time of writing.

The FTSE had a mini-flash crash during lunch, but recovered. It closed down 0.22% on the week.

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Here's what the Euro Stoxx 50 looks like on Friday. At the time of writing it's down 2.85%:

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