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European shares inch lower as BAT, banks weigh

European shares inched lower on Tuesday as declines in UK's British American Tobacco and banking stocks halted a rally driven by optimism over a global recovery from the coronavirus crisis.

FILE PHOTO: European Central Bank (ECB) news conference in Frankfurt

European stocks rack up hefty gains as cyclicals rally

European stocks racked up their best week in two months on Friday, with investors scooping up battered shares of banks, automakers and travel companies amid growing signs that the pandemic-hit global economy is recovering.

Banks shine as European stock market rally resumes

European shares resumed their rally on Friday as a bumper stimulus from the European Central Bank fuelled hopes of a faster economic recovery, putting the main benchmarks on course for their best week in two months.

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