European shares slip as ECB sticks to big rate hikes
European stocks erased their gains on Thursday as a 50-basis-point interest rate hike by the European Central Bank amid the crisis surrounding Credit Suisse and other U.S. lenders deepened investors' concerns over the region's banking sector. The STOXX 600 was down 0.1% by 1330 GMT, testing a 10-week low, after rising as much as 1.4% in early trading
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