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European markets drop as SocGen warns on Q4 revenues

January 17, 2019

European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%.

In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing her to start cross-party discussions on finding a way forward on Brexit.

What are markets doing?

All major European indexes were down on Thursday, with the Stoxx Europe 600 SXXP, -0.22% dropping by 0.1% to 350.10, after ending up 0.5% on Wednesday.

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