European Shares Slide On France's Fiscal Worries

India, Oct. 7 -- European shares drifted lower on Wednesday, with renewed Middle East tensions and France's deepening fiscal crisis keeping investors on edge.

Brent crude futures traded above $101 a barrel following more attacks on vessels in the Persian Gulf region.

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German, French and Italian bond yields jumped as investors refocused on fiscal worries.

In economic releases, German industrial output expanded 2.0 percent on a monthly basis in August, in contrast to the 1.2 percent decrease in July, data published by Destatis revealed.

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