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European stocks dropped as euro- region economic confidence declined more than forecast and Italy’s borrowing costs rose at a sale of six-month bills. U.S. index futures erased gains, while Asian shares climbed.
FTSE 100 5,722.54 +3.65 +0.06%
CAC 40 3,209.5 -23.96 -0.74%
DAX 6,666.58 -37.92 -0.57%
Deutsche Bank AG slid 5 percent. Germany’s biggest bank said first-quarter profit declined 33 percent as a rebound in investment-banking earnings from the previous three months wasn’t enough to match year-earlier levels.
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