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Futures point to sharp fall for European shares

Thu Nov 5, 2009 2:08am EST

LONDON, Nov 5 (Reuters) - Stock index futures pointed to sharp falls for European shares on Thursday, after Wall Street surrendered most of its earlier gains. [ID:L4250207]

The Federal Reserve stated that it would keep rates close to zero for "an extended period".

At 0707 GMT, DJ Euro Stoxx STXEc1 futures were down 1.1 percent, Germany's DAX futures FDXc1 were down 1.1 percent and France's CAC-40 futures FCEc1 were down 1.2 percent. (Reporting by Brian Gorman)



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