Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, August 17, 2016. REUTERS/Staff/Remote
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Investors are questioning the recovery that lifted the Stoxx 600 as much as 12 percent since the U.K. vote to leave the EU. Skepticism about the ability of central-bank stimulus to boost growth amid political turmoil has triggered record outflows from the region's equity funds, with a Bank of America Corp. report Friday showing that managers withdrew money for a 28th straight week.Italy's FTSE MIB Index lost 2.1 percent, while Spain's IBEX 35 Index, the third-biggest decliner for the region, slid 1.1 percent.An index tracking them has tumbled 27 percent in 2016, with companies including Deutsche Bank AG, Credit Suisse Group AG and Italy's Banca Monte dei Paschi di Siena SpA reaching record lows.
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