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The Economic Times

Business

Anupam Nagar

Global Market: European shares fall as HSBC earnings drag banking stocks

HSBC Stock Market Novartis France Health Care

European shares fell on Tuesday as disappointing earnings from HSBC weighed on banking stocks, while persistent political and social tensions in France added to investor caution.

The pan-European STOXX 600 index was down 0.2% at 639.64 points by 0805 GMT, giving up some of the gains from Monday, when the benchmark had climbed nearly 0.8%.

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