Apple suppliers dent European shares as rally flags

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Apple suppliers dent European shares as rally flagsEuropean shares steadied on Wednesday as a global equity rally flagged, with Apple (AAPL.O) suppliers hit after the new iPhone release disappointed with a later than expected shipping date. The pan-European STOXX 600 (.STOXX) index ended flat, paring earlier losses thanks to gains in oil and banking stocks which offset the weak chipmakers and a fall in miners (.SXPP). Chipmakers supplying to Apple (AAPL.O) were among the worst performers, with AMS (AMS.S) down 3.9 percent, while Dialog Semiconductor (DLGS.DE) slipped 1.6 percent, while STMicro (STM.MI) ended up 0.1 percent.

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