European Shares Hover Near Three-Month High Amid Confidence Data
- Euro-area economic confidence at highest level in four years
- Commodity producers drop most on Stoxx 600 as prices slide
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European shares recovered from most earlier losses after better-than-expected confidence data offset concerns about China’s slowdown.
The Stoxx 600 fell 0.2 percent at the close of trading, paring a decline of as much as 0.7 percent after a report showed economic confidence in the euro area matched its highest level in more than four years.