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By Shashwat Chauhan and Ankika Biswas
(Reuters) -European shares logged their first weekly loss in eight on Friday, as investors grappled with a plethora of mixed global economic data, marking a bumpy start to the New Year following 2023’s stellar rally.
The pan-European STOXX 600 ended 0.3% lower, recouping some losses after falling over 1% during the day, for a 0.5% weekly decline.
Retail and chemicals were the top sectoral losers on the day, with the former leading declines for the week.
Helping stem losses for the day,…
