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The first day of 2016 couldn't have been much worse for European markets

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2016 has gotten off to a horrible start in the European markets, with every single major bourse closing in the red on the year’s first day of trading.

Terrible data from China sent all of Europe’s major stock indices plunging early on Monday morning, and they haven’t really recovered since then.

In Britain, the FTSE100 finished the day down 2.4%, nearly 150 points, taking it below 6,100. The pain felt by British miners in 2015 continued on Monday, with Anglo American, Antofagasta, and Rio Tinto amongst the biggest fallers. Only two FTSE stocks ended the day in the green.

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Source : BusinessInsider.Com