Author: Elena Todorova
123jump.com
Last Update: 12:42 PM EDT April 28 2006
European markets closed in the negative, extending earlier losses on weakness in the auto sector, dragged by Volkswagen which fell 5.4% on earnings rise that came far below expectations.The German DAX 30 tumbled 1%, the French CAC 40 lost 0.5% and London FTSE 100 fell 0.6%.
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