Obama victory sparks profit-taking in US, European stocks (AFP)

A giant symbol of the European Union's currency outside the headquarters of the European Central Bank in Frankfurt. Wall Street and European stocks fell back Wednesday as investors buckled down for an expected gloomy economic ride after the euphoria of Democrat Barack Obama's US presidential election victory.(AFP/File/John Macdougall)AFP - Wall Street and European stocks fell back Wednesday as investors buckled down for an expected gloomy economic ride after the euphoria of Democrat Barack Obama's US presidential election victory.

AFP

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