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European indices were in the red in mid-afternoon trading having failed at earlier attempts to find some support in the wake of sharp losses on global exchanges on Monday. Paris's CAC, which earlier slid 2.45 percent and below 4,000 for the first time in 14 months, was slightly firmer at around 1500 GMT but was still 1.4 percent lower. Elsewhere in Europe, Madrid earlier plummeted three percent to dip below the symbolic 8,000-point level, while Milan was also more than three percent lower weighed down by banking shares.
HONG KONG (AP) — Hong Kong's Lunar New Year celebration descended into chaos as protesters and police, who fired warning shots into the air, clashed over a street market selling fishballs and other local holiday delicacies, with dozens injured and more than 60 arrested.