European stocks slump ahead of CPI report as Deutsche Bank, Commerzbank retreat


European stocks opened lower on Tuesday ahead of the release of the hotly anticipated consumer price index report from the U.S. Labor Department. Deutsche Bank slumped 10% and Commerzbank dropped 8% in early trade. The Stoxx Europe 600 dropped 1.2% in early action, and U.S. stock futures also were retreating ahead of the release.

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