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Energy companies lead the retreat for European stocks

European markets gave back much of Tuesday’s gains as strong earnings elsewhere could not offset oil companies’ retreat.

How did markets perform?

The Stoxx 600 SXXP, +0.14% was down 0.1% to 390.9, after rising 0.2% on Tuesday.

Germany’s DAX DAX, +0.75%DAX, -0.43% was a bright spot despite gloomy economic data. The index rose to 12,256.9, up 0.2% after adding 0.1% Tuesday.

The U.K.’s FTSE 100 UKX, -0.29% retreated 0.4% to 7,490.2, following Tuesday’s solid gain of nearly 0.9%.

The pound GBPUSD, +0.0773% fell 0.1% to $1.2932, after declining 0.3% Tuesday.

In Italy, the FTSE MIB I945, -0.49% fell 0.4% to 21,802.8, piling atop losses Tuesday of 0.3%.

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