European stocks are in the red early Thursday after a wave of disappointing economic data.
Here's the scoreboard:
Britain's FTSE 100 is down 0.6%.
France's CAC 40 is down 1.0%.
Germany's DAX is down 1.0%.
Spain's IBEX is down 1.8%.
Italy's FTSE MIB is down 1.8%.
Japan's Nikkei closed down 0.56%, while Hong Kong's Hang Seng is up 0.27%.
Trouble at the biggest Portuguese bank, Espirito Santo, is causing a surge in the country's interest rates. Portugal's PSI 20 is tumbling, down 3.36%. Here's a look at what's happening from Bloomberg:
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