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European shares dipped to a two-week low on Wednesday, mirroring global investor nervousness over elevated equity valuations. Technology stocks led the decline, while Novo Nordisk slipped after issuing a cautious profit forecast. However, Vestas shares surged on better-than-expected earnings.
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Japan's Nikkei share average fell 2.5% on Wednesday, mirroring Wall Street's overnight declines, with technology stocks leading the losses. The index dropped as much as 4.65% before recovering slightly, as investors eyed potential buying opportunities below the 50,000 mark. Despite the dip, analysts anticipate a slow but steady rise for the Nikkei in the future.
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Marks & Spencer's online and in-store sales were hit by a cyber attack which it said cost it 101m
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News and Media
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