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The pan-European STOXX 600 index fell 0.6 percent, while euro zone blue chips declined 0.7 percent.European banks, which benefit from higher interest rates, were the worst performing sector, down 1.6 percent with Deutsche Bank and Commerzbank leading the DAX lower with losses of 2.8 to 3 percent.Energy stocks, the worst performing European sector so far this year, were also down 1 percent.86 percent of MSCI Europe firms have given second-quarter updates, of which 60 percent have either met or beaten analysts' expectations, according to Thomson Reuters data.
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