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EUROPE: STOCK FUTURES DOWN 2% (0724 GMT)
European shares look set for heavy losses at the open today with stock futures down between 1.7% and 2.2% as surging Omicron COVID-19 cases risk slowing the economic recovery.
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Over in Asia, shares fell to one-year lows and oil prices slid nearly 3%, reflecting the broader risk-off mood.
U.S. futures are also falling after U.S. Senator Joe Manchin said he would not support President Joe Biden's $1.75 trillion domestic investment bill.
(Danilo Masoni)
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December 20, 2021 at 02:24PM
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