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European stocks slumped, with the Stoxx Europe 600 Index on course for a correction from its February record high, as the conflict in the Middle East escalated.
The Stoxx Europe 600 was down 1.5% by 8:21 a.m. in London, leaving it more than 11% below its February peak and in technical correction. Sectors retreated across the board, with industrials and mining shares among the biggest laggards.
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