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European Stock Markets Tumble; Oil Falls

European markets ended the week down as investors digested the European Central Bank's inaction yesterday.

The ECB, while leaving the door open to further easing, kept rates unchanged and unexpectedly refrained from extending its asset purchase program, which expires in March.

Oil prices fell today after OPEC officials are said to be focusing their efforts on moving to voluntary output caps and not a production freeze. West Texas Intermediate was recently down 2.41% at $46.47 and Brent Crude was down 2.68% at $48.65 a...


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