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Travel and auto stocks lead Europe lower amid virus fears

The German share price index DAX graph is pictured at the stock exchange in Frankfurt
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(Reuters) - Travel stocks, automakers and banks led a slide in European shares on Wednesday as fears of a resurgence in coronavirus cases and a worrying outlook from the U.S. central bank chief dented hopes of a swift economic recovery. The pan-European STOXX index fell 1.9% to hit a one-week low, with losses deepening after U.S. Federal Reserve Chair Jerome Powell warned of an "extended..
Date Published: May 13, 2020
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