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Friday, January 29, 2010 7:23 PM

Markets, Jan. 29, 1985

LONDON (AP) — European stock markets closed higher Friday after data showed the U.S. economy grew at its fastest rate in more than six years during the final three months of last year. Wall Street rose but later lost some of those gains.

The euro, meanwhile, slid to a new six and a half month low against the dollar after the figures and amid ongoing worries about a possibility Greece will need a bailout.

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