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FTSE 100 follows global markets lower

The FTSE 100 opens lower, tracking losses seen in US and Asian markets overnight.

The International Air Transport Association (IATA) has reported 2.7% year-over-year growth in the worldwide air freight markets in January.

U.S. stocks are opening lower as another drop in the price of oil and some weak corporate earnings got trading off to a gloomy start.

Stock markets worldwide have tumbled with investors unsettled by the continued slide in oil prices and fears about the impact on global growth.

European shares continue the rout on global markets as pessimism over falling oil prices and economic growth weigh on investors.

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