European stocks retreated from recent gains on Monday following lower-than-expected gross domestic product data Friday from the largest economy in the world and as investors took to profit-taking, particularly in the auto sector. Companies such as Dutch bank ABN Amro and publisher Pearson also traded lower after updating investors on progress. By mid morning, the FTSE 100 in London lost 0.6%, Frankfurt Xetra Dax fell 0.7%, and the CAC 40 in Paris shed 0.9%.
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