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European Stocks Steady as Health-Care Slump Dims Rates Optimism

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European stocks were little changed as losses in the health-care sector offset optimism that signs of a peak in US inflation would lead to less hawkish Federal Reserve policy.

The Stoxx 600 Index closed less than 0.1% higher after surging yesterday to its highest in two months as US data showed a slight cooling in the consumer price index for July.