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rdf:type	schema:NewsArticle
schema:articleBody	Europe's major stock markets dropped in opening deals on Thursday, after losses in Asia and the US, as investors took profits amid fading US stimulus hopes, mixed bank earnings and ongoing coronavirus woes. In initial trade, London's benchmark FTSE 100 index of leading blue-chip companies sank 1.5 percent to 5,847.59 points. In the eurozone, Frankfurt's DAX 30 index shed 1.6 percent to 12,824.50 points and the Paris CAC 40 lost 1.4 percent to 4,874.21. Asia was weighed down Thursday by concerns about the reimposition of virus lockdowns, stalled vaccine and treatment trials -- and dimming hopes of new US stimulus any time soon. "With stimulus hopes fading fast and a mixed set of performances from the US banks, markets succumbed to a bout of profit-taking," said analyst Richard Hunter at online broker Interactive Investor. Traders were also reacting to "an increasing number of renewed lockdowns, with Covid-19 resurfacing uncomfortably in some areas and with hopes of an imminent vaccine in some doubt", he added. Investors tracked another sell-off in New York, where all three main indexes turned negative after Treasury Secretary Steven Mnuchin warned that while talks continued, Republicans and Democrats were still "far apart" on a rescue package. While the broad view is that a new spending package will get passed eventually, the comments reinforced expectations that there will be nothing before next month's presidential and congressional elections. burs-rfj/bmm
schema:headline	European equities sink at open in global sell-off
schema:mentions	United States Secretary of the Treasury Steven Mnuchin FTSE 100 Index Eurozone Stock Frankfurt USA Gymnastics Asia History of the United States Republican Party Paris London European Union New York City Virus Vaccine Coronavirus Coronavirus disease 2019 Hawker Hunter Interactive Investor CAC 40 DAX
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-10-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	73 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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