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LONDON European stock markets extended losses in afternoon action on Tuesday, after the U.S. Institute for Supply Management’s factory index missed expectations. The index fell to 49.6% in August, down from 49.8% in July, and below economist views of a 50.2% reading. The Stoxx Europe 600 index slumped 1.2% to 265.37, after trading around 266.32 before the data. The U.K.’s FTSE 100 index fell 1.5% to 5,669.62, while France’s CAC 40 index dropped 1.3% to 3,408.56. Germany’s DAX 30 index gave up 1.2% to 6,928.60.

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