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Global Markets Update: European Shares Dented by Greek Bailout Hurdles

Thursday, 16 Feb 2012 | 5:10 AM ET

US futures point to a flat open for Wall Street. European shares opened lower on Thursday, with investor sentiment hit by further hurdles in the Greek bailout deal and by the prospects of more ratings downgrades for the region's financial institutions. Asian shares fell sharply reversing the previous day's rally.