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Gold futures head higher Wednesday, ready to post a fourth-straight session gain, finding support after news that U.S. retail sales fell and producer prices saw their biggest one-month drop in almost three years in May.
Heavyweight industrials weighed on European stocks on Wednesday on weak data from the euro zone and the U.S., while Spanish retailer Inditex SA surge more than 10% on well-received results, boosting the sector and rallying stocks in Spain.
London stocks erase gains in step with European markets, as industrial production data for the euro zone paint a gloomy picture for growth. Shares of J Sainsbury decline on disappointment over its trading update.
Genesee & Wyoming Inc. GWR traffic declined for the fifth straight month in May, led by a drop in shipments of farm and food products. Genesee, which operates short-line and regional-freight railroads in the U.S., Canada, Australia and the Netherlands,...