European Stocks Drop After U.S. Job Gains Top Forecasts

European stocks drop after stronger-than-expected U.S. job and wage data cast doubt over expectations for early U.S. interest-rate cuts. The Stoxx Europe 600 falls 0.3%, the FTSE 100 and CAC 40 retreat 0.4% and the DAX edges 0.1% lower, with liquor stocks losing ground after China announced a…

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