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Summary Box: Worries about European debt return with drop in bank shares, weak bond sale

SPECTER RETURNS: Europe’s debt crisis resurfaced with worries about losses on government borrowings as investors spurned French bond auction.

STOCKS SLUMP: Bank stocks fell as it became clear they would have trouble raising new capital in coming months. In Italy, trading in UniCredit shares was halted after they lost a quarter of their value since Wednesday morning.

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