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European Shares Fall From Record Levels

European shares fell from record levels on Monday, amid weak trading due to holidays in major markets, but optimism about a quick economic recovery is heading the main index towards achieving gains for the fourth consecutive month.

The pan-European STOXX 600 index fell 0.1%, and shares in Frankfurt fell 0.2%, and in Paris 0.1%.

Markets in Britain and the US are closed today for a public holiday, which weakened trading in general.

The Stoxx 600 allows it to rise by 2.6% in May, as economies gradually reopen after measures to combat the virus, while governments and central banks confirm their continued support to contribute to the recovery.

Deutsche Bank fell 1.7% after a report said the US Federal Reserve had told the German bank it had failed to address persistent shortcomings in anti-money laundering controls.

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