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European Stocks Steady as Banks Retreat and Utilities Gain

Buzz line2 months ago04 mins

European stock indexes were muted, with bank stocks sliding after JPMorgan Chase & Co.’s Jamie Dimon said he’s seeing parallels to the era before the 2008 financial crisis, while utilities and chemical makers advanced on positive earnings. The Stoxx Europe 600 Index was little changed at 11:05 am in London. The banking subindex slid 1.7%,…

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