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European strikes weigh on stock markets

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European markets fell Wednesday as protests against austerity measures raised worries about countries' ability to cut heavy debt loads, offsetting for now any hopes that the Federal Reserve might move to boost the US economy.

 

Demonstrators gathered in Brussels, the heart of the EU, as well as Spain and Ireland as labor unions protested against spending cuts they say unfairly penalize average workers for problems and debt caused by banks. (AP)

 

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