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European stocks weigh on U.S. markets
European stocks weigh on U.S. markets

European stocks dropped throughout the day Monday, helping to pull down U.S. markets in the early going as investor confidence in Europe’s economic prospects continued to sag. The latest news to jar what have been increasingly volatile markets was a drop of business confidence in Germany, the faltering engine of the European economy. It was the sixth straight monthly decline in confidence. The German DAX and the French CAC indexes slumped more than a percentage point through most of the day, gaining near the end to close with declines of 0.65% and 0.51%, respectively. In early U.S. trading, the Standard & Poor's 500 index, the tech-heavy Nasdaq and the Russell 2000 of...

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