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European Markets Crash to Record Lows Amid Travel Ban and ECB Inaction

European stocks suffer their worst single-day drop in history as a U.S. travel ban on much of Europe and a surprise ECB decision to hold interest rates rattle investors. The pan-European Stoxx 600 plunges 11 percent, with travel and leisure companies taking the heaviest losses.
12 Mar 2020 1 min read
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