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European stocks decline for second day on doubts about Trump agenda

Concerns mount that US President won’t be able to push through his pro-growth agenda

European stocks decline for second day on doubts about Trump agenda

European stocks dropped Thursday, retreating for a second session, as continuing US political turmoil cast doubt on whether President Donald Trump’s pro-economic growth policies will become reality, MarketWatch reports.

The Stoxx Europe 600 index lost 0.6% to 388.87. No sector traded higher, with industrial, oil and gas and financial shares faring the worst. The move builds on Wednesday’s slide of 1.2%, which marked the benchmark’s biggest one-day percentage loss since Sept. 26, according to FactSet data.

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