After big rally last week, European stocks open lower
European stocks slipped at the open on Monday, reversing after a huge rally last week. The German DAX DAX, -0.78% fell 1.1% and the U.K.
weakened by 0.9%. AstraZeneca AZN, -2.75% fell 1.7% after Bloomberg News said it had approached Gilead Sciences GILD, -1.01% about a takeover. Futures on the Dow Jones Industrial Average YM00, -0.02% slipped 12 points.
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