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European stocks end week lower as rate worries resurface

REFILE-UPDATE 2-European stocks end week lower as rate worries resurface Refiles to add dropped word in headline STOXX 600 logs weekly decline of 0.4% Spain's Acciona warns on earnings outlook, shares fall Renault climbs after buyback, UBS upgrade By Sruthi Shankar and Johann M Cherian May 24 (Reuters) - European stocks ended lower on Friday and down for the week, as signs of persistent U.S.
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Lots of red

LIVE MARKETS-Lots of red Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . LOTS OF RED Futures weren't wrong, European shares, like global peers, don't like the idea of higher for longer rates, and the STOXX 600 .STOXX is down 0.7%. If that holds - and it's not been trading for an hour yet, so lots to happen - that'll be its biggest daily drop in five weeks.
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Acciona slumps after 'disappointing' Q1 trading statement and 2024 profit warning

BUZZ-Acciona slumps after 'disappointing' Q1 trading statement and 2024 profit warning ** Shares of Acciona ANA.MC falls 6.4%, and on track for their worst day in almost 3 years, after the company, warned on its EBITDA outlook for 2024 ** Energy prices in its Spanish home market "behaved atypically" due to high renewable production, in particular hydroelectric, while demand was affected by mild temperatures, the company said ** J.P.
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Stocks don't like higher for longer

LIVE MARKETS-Stocks don't like higher for longer Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at alun.john @thomsonreuters.com . STOCKS DON"T LIKE 'HIGHER FOR LONGER" Futures are indicating a sharp drop for European shares at the open on Friday, after a solid set of U.S.
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Spanish stocks - Factors to watch on May 24

Spanish stocks - Factors to watch on May 24 May 24 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: REPSOL REP.MC Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela, sources close to the decision said on Thursday.
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