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Sector movers: Telecoms, precious metals miners on the back foot
Telecoms services providers were at the bottom of the pile in the middle of the week following a disappointing update out of sector heavyweight Vodafone.
Europe close: Stocks drift lower amid debt ceiling talks, China data
European markets drifted slightly lower on Tuesday as weaker-than-expected China data and downbeat consumer sentiment in Germany hit trade.
Wednesday preview: Euro area CPI, Japan GDP in the spotlight
Investors' focus in the middle of the week would be on the inflation picture in the euro area.
US open: Stocks lower ahead of debt ceiling talks, mixed data weighs
Stocks on Wall Street were trading modestly lower as investors kept an eye out for any headlines from the debt ceiling negotiations scheduled for later on Tuesday.
US retail sales rise by less than expected in April
American consumers last month resumed their outlays but at a slower than anticipated pace.
US industrial production edges past forecasts in April, driven by manufacturing
Industrial production in the States bounced back last month after two months of flat output, driven by a rebound in factory activity.