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Global stock markets sink ahead of U.S. jobs report

Global stock markets sink ahead of U.S. jobs report

Global stock markets were lower Friday with Tokyo's index down 2 percent as jitters mounted before the release of the monthly U.S. jobs report and the resumption next week of trading on Chinese stock markets. European stocks opened sharply lower. Britain's FTSE 100 dropped 1.7 percent to 6,097.27 and France's CAC 40 sank 1.7 percent to 4,573.23. Germany's DAX fell 1.7 percent to 10,137.53. Futures pointed to a downbeat day for Wall Street. S&P 500 futures dropped 0.9 percent and Dow futures shed 1 percent. The U.S. government issues the August jobs report on Friday, which could play a big role in whether the Federal Reserve decides to raise interest rates at its...

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