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European Stocks Edge Lower; Chinese Data, H&M Sales Weigh

European stock markets edged lower Wednesday, with weak Chinese data and disappointing sales from H&M raising concerns about the global economic recovery. Swedish clothing giant Hennes&Mauritz (ST:HMb), the world’s second-biggest fashion retailer, reported Wednesday disappointing sales growth from a year ago in the three months through August, driving its stock 3% lower.

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