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flag European stocks tumbled Friday on banking fears, U.S. political turmoil, and vaccine concerns.

flag European stocks fell sharply on Friday as concerns over U.S. regional banks, following fraud disclosures at Zions Bancorp and Western Alliance Bancorp, triggered a sell-off in financial shares. flag The pan-European Stoxx 600 dropped 1.6%, with bank stocks down 3% to 6%. flag Volatility rose, and markets reacted to U.S. political and economic uncertainty, including a government shutdown. flag Novo Nordisk fell after former President Trump signaled plans to lower Ozempic prices, while BBVA surged after a failed takeover bid. flag Pearson and Smiths Group rose on positive earnings and restructuring plans. flag The WHO reported the Stratus COVID-19 variant is spreading but vaccines remain effective.

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