European Stocks Slide as German Confidence Falls
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European stocks fell for a third straight day as German investor confidence declined more than forecast and the International Monetary Fund cut its global growth outlook.
Michael Page International Plc slumped the most in 11 months after the U.K. recruiter reported lower profit. LVMH Moet Hennessy Louis Vuitton SA retreated to a five-month low as sales of fashion and leather goods slowed. Danone rallied to the highest in five weeks as the food company posted first-quarter sales growth that beat analysts’ estimates.