Markets Are Falling, Spain Down 1.5%

Saloufest Spain UK Student Drunk

Photo: Getty / David Ramos

Markets are tanking early in the European trading session.England’s FTSE 100 is down 0.5%.

Germany’s DAX is down 0.7%.

France’s CAC is down 1.1%.

Spain’s IBEX is down 1.5%.

Italy’s FTSE MIB is down 1.2%.

Everyone’s still freaking out about JP Morgan’s shock $2 billion trading loss.

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