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Europe: Shares edge lower

[MILAN] European shares edged lower in early trading on Wednesday following a drop in the previous session when a sell-off on the bond market weighed and support from a tax reform in the US faded.

While the pan-European STOXX 600 index was down 0.3 per cent at 0835 GMT, gains among German utilities helped limit the DAX's decline to 0.1 per cent. France's CAC fell 0.5 per cent and the UK's FTSE was down 0.2 per cent.


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