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Stocks in Europe Enter Bear Market Amid Surge in Energy Prices

  • Euro Stoxx 50, DAX indexes down more than 20% from recent high
  • UBS GWM cuts euro zone, global stocks to neutral on war risks
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Energy Prices Spiking as U.S. Considers Russian Oil Ban
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European stocks fell to their lowest in a year, with the DAX and Euro Stoxx 50 indexes closing in a bear market as soaring oil prices spurred concerns that high inflation will hurt economic growth.