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European shares fall as weak China data adds to growth concerns

US stock futures also drop after longest weekly losing streak for global equities since 2008

European stocks and US equity futures opened the week lower after unexpectedly weak Chinese economic data increased fears of a global slowdown.

The regional Stoxx 600 share index fell 0.8 per cent in early dealings, while London’s FTSE 100 lost 0.7 per cent.

Futures contracts that wager on the direction of Wall Street’s S&P 500 fell 0.9 per cent and those on the technology-heavy Nasdaq 100 dropped 1.2 per cent.

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