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European shares close sharply lower, with only the closing bell halting a straight-down late-day...

European shares close sharply lower, with only the closing bell halting a straight-down late-day slide. Stoxx 50 -1.8%, Germany -1.1%, France -1.8%, Italy -2%, Spain -2.8%, U.K. -0.6%. Spanish banking shares: Santander (STD) -4.1%, BBVA -4.5%. European financial ETF: EUFN remains +17.2% YTD.
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