European shares bounce back; Barclays sags

Reuters - UK Focus

PARIS, June 26 (Reuters) - European stocks rose in earlytrade on Thursday, rebounding from the previous session'ssell-off and tracking gains on Wall Street, while Barclays fell after The New York Attorney General filed alawsuit against the bank.

At 0704 GMT, the FTSEurofirst 300 index of topEuropean shares was up 0.2 percent at 1,374.27 points, bouncingback from a one-month low hit on Wednesday following weak U.S.growth data.

Shares in Barclays (LSE: BARC.L - news) were down 3.2 percent. The New YorkAttorney General filed a securities fraud lawsuit againstBarclays for giving an unfair edge to its U.S. high-frequencytrading clients even as it claimed to be protecting othercustomers from the traders.

(Reporting by Blaise Robinson; Editing by Sudip Kar-Gupta)

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