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european markets decline as us jobs data fuels economic concerns
Mercedes-Benz reported a 5% increase in fourth-quarter sales from the previous quarter, though overall sales for 2024 fell 4% to 2.4 million cars. Meanwhile, Ubisoft's shares dropped 8% following the delay of its "Assassin's Creed Shadows" game to March 20, 2025, and the British pound continued to decline, trading at $1.2287 amid rising government borrowing costs. European markets closed lower as U.S. job growth exceeded expectations, leading to a spike in Treasury yields and a drop in regional currencies.
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