European Stocks Edge Down Amid Worries Over the EU Recovery Fund
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European stocks ended slightly lower, trimming their advance over the third quarter, after Germany warned that delays to the European Union’s recovery fund are almost inevitable due to governance disputes.
The Stoxx 600 Index fell 0.1% at the close, with nine of 20 sectors in negative territory. Banks were among the best performers on Wednesday, but were the biggest laggards over the past three months, sliding more than 12%.