TODAY'S TOP STORIES

European Shares Likely To Drift Lower On Rate Worries

European stocks may drift lower at open on Friday as strong U.S. data released overnight coupled with hawkish Fed remarks fueled inflation and rate-hike worries.

Asian markets followed Wall Street lower after two Fed officials warned of additional hikes in borrowing costs to lower inflation back to the central bank's 2 percent target.

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by RTTNews Staff Writer

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