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Frankfurt, Paris markets plunge over 3% after Fed decision

Shares in German energy giants E.ON and RWE rallied after a government study suggested the two companies had sufficient financial buffers to safely dismantle their nuclear power plants

The stock markets in Paris and Frankfurt sank more than three percent the day after the US Federal Reserve decided to keep interest rates unchanged, disappointing investors.

In afternoon trading, the DAX 30 index dropped 3.30 percent compared with Thursday's close to 9,892.30 points, while in Paris the CAC 40 shed 3.09 percent to 4,511.22 points.