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Growth worries, U.S. and UK rate hints hit shares

Reuters  |  LONDON 

By Nigel StephensonLONDON (Reuters) - Stocks fell in Europe and Asia on Thursday as investor concern over the pace of economic growth hit shares in mining and retail sectors while the prospect of tighter monetary policy in the United States and Britain pushed up the dollar and bond yields.U.S. stock futures signalled a rocky start on Wall Street after the Federal Reserve raised interest rates, as widely expected, and signalled another hike could follow this year.In emerging markets, Russian shares fell 4 percent as risks grew of expanded sanctions and the price of oil fell.European shares, ...

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First Published: Thu, June 15 2017. 19:15 IST