European shares inch higher; AstraZeneca tumbles on halting vaccine trials

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Sept 9 (Reuters) – European shares steadied on Wednesday after hefty declines in the previous session, although sentiment was rattled by AstraZeneca suspending global trials for its COVID-19 vaccine.

AstraZeneca Plc shares slipped 1.3% as it also paused large late-stage trials of its experimental vaccine due to an unexplained illness in a study participant.

The pan-European STOXX 600 index edged 0.1% higher at 0710 GMT, with travel and leisure stocks among the biggest decliners in early trading. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Bernard Orr)

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