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Stocks Edge Lower With U.S. Futures; Oil Climbs: Markets Wrap

Bloomberg - European stocks and U.S. equity futures edged lower on Monday as investors awaited a fresh batch of corporate earnings and some key central bank meetings this week. Crude oil rose following supply disruptions in Libya and Iraq.

Activity was muted across most major markets because of a U.S. holiday. Contracts on the main American equity benchmarks trimmed their earlier declines, though remained lower alongside the Stoxx Europe 600 Index as losses in retailers offset gains in automakers. Shares advanced in most of Asia, but slumped in both Hong Kong and India. Most European bonds edged higher, while the pound was slightly weaker ahead of U.K. jobs data due tomorrow.

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