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European stocks retreat as traders track earnings, inflation data

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European markets were slightly lower on Wednesday as traders monitored corporate earnings and developments in the Middle East, along with key inflation data.

Shares of French payment company Worldline climbed more than 6% in early trade to lead the Stoxx 600.

At the bottom of the index, Swedish-Swiss multinational industrial and engineering group ABB fell more than 5% after its third-quarter earnings report. The company met profit projections but but dampened expectations for the fourth quarter amid weakness in Chinese robotics and construction demand. - Elliot Smith

 

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