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Spain leads European stocks lower after elections; weak oil prices also weigh

Dave Morris
Spain leads European stocks lower after elections; weak oil prices also weigh

Spanish stocks fell Monday after no political party emerged with a majority in Sunday elections, while weak oil prices weighed on shares across the rest of the European continent. The Spain IBEX 35 (XX:IBEX) led losses for regional indexes, falling 0.9%. In Italy, the FTSE MIB (IT:I945) fell 0.4%, following Friday’s 0.1% increase.