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European stocks snap winning streak, with EBC on deck

European stocks lower following the unveiling of US President Donald Trump’s plan for tax cuts and changes

European stocks snap winning streak, with EBC on deck

European stocks fell Thursday for the first time in seven sessions, with Deutsche Bank shares falling despite a leap in profit, as investors waited for a policy update from the European Central Bank.

The Stoxx Europe 600 fell 0.4% to 387.26. No sector traded higher, with oil and gas, consumer goods and utility shares logging the biggest losses. The index on Wednesday rose 0.5%, ending at the highest level since August 2015.

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