Europe's STOXX 600 slides on global risk-off mood, mixed earnings
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European shares fell to their lowest in over two weeks, with the STOXX 600 index down 1.2% amid a global risk-off mood. Investors reacted to mixed earnings reports, with Edenred's shares dropping 8.5% due to a profit growth slowdown forecast, while Geberit gained 2.2% after raising its sales outlook. BP reported a smaller-than-expected profit drop, but its shares remained stable. The market sentiment was further clouded by uncertainties from the U.S. government shutdown affecting economic data and concerns over AI deals.
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