The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
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Barclays to raise dividend, shares jump. U.K. stocks dropped Thursday, with broad-based losses appearing after Federal Reserve meeting minutes suggested policy makers will raise U.S. borrowing rates at a faster-than-expected pace. The losses came ahead of a second reading on U.K. gross domestic product for the fourth quarter.
By Carla Mozee and Victor Reklaitis, MarketWatch. Spain's IBEX also drops, but Stoxx Europe 600 gains. Germany's stock benchmark finished lower Wednesday, while other major European indexes closed mostly higher, as investors received disappointing updates on manufacturing and services activity in the eurozone.
Nikkei, Hang Seng indexes down more than 1%. Declines continued in global equities, with Asian markets largely building on the sharp selloff in U.S. stocks overnight that was stoked by fresh concerns about higher interest rates. But Chinese stocks jumped nearly 2% Thursday-- the first day of trading following the weeklong Lunar New Year holiday.
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