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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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More US market news

FTSE 100 slumps 1% as Fed signals faster pace of rate hikes

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Fed's Quarles says low U.S. inflation readings are not a 'great concern'

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Asian stocks largely slide following Wall Street selloff

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Sorry, America, but you have to pay taxes on your bitcoin -- here's how

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UK

FTSE 100 slumps 1% as Fed signals faster pace of rate hikes

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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.

Europe

Germany's DAX ends lower as eurozone business activity slows

MarketWatch - Last Update:

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.

Asia

Asian stocks largely slide following Wall Street selloff

MarketWatch - Last Update:

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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