European stocks pull back at the open after Senate passes stimulus bill

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European stocks pull back at the open after Senate passes stimulus bill
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European stocks retreat at the open, with German DAX shedding 2%

European stocks pulled back at the open on Thursday, with the German DAX DAX, -2.60% retreating 2%.

Stocks had rallied ahead of the Senate passing a $2 trillion stimulus bill. Later in the session a key report on U.S. first-time jobless claims is expected to spike. U.S. stock futures ES00, -2.12% also were lower.

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