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EqTrades: Stocks slide, safe-haven assets rise after Brussels attacks
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post Mar 22 2016, 02:19 PM
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World stocks fell and safe-haven gold and government bonds rose on Tuesday after attacks on the airport and a rush-hour metro train in Brussels that triggered security alerts across western Europe.
Travel sector stocks including airlines and hotels fell the most, pulling the broader indices down from multi-week highs, although stocks had clawed back some of their losses by midday and bonds and gold eased back from their earlier highs.
U.S. futures pointed to a fall of almost half of one percent at the open on Wall Street ESc1.

At 12:20 GMT the FTSEuroFirst 300 index of leading shares was down 1 percent at 1,326 points .FTEU3. Germany's DAX was down 0.5 percent .GDAXI and Belgian stocks were down 0.4 percent .BEL20. These indices had earlier been down as much as 2 percent.

The STOXX Europe 600 Travel & Leisure index .SXTP was the top sectoral faller, down 2 percent. Shares in major European airlines like Ryanair (RYA.I) and Air France-KLM (AIRF.PA) were down as much as 4.5 percent (LHAG.DE), and hotel company Accor (ACCP.PA) was down 3.5 percent.

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