European stocks recover losses ahead of US open (AP)

A man walks past an electronic stock board in Tokyo, Japan, indicating the Japanese stock dropped Wednesday, Jan. 21, 2009 while showing U.S. President Barack Obama at the inauguration ceremony in Washington. (AP Photo/Shizuo Kambayashi)AP – European stocks recovered some of their earlier losses Wednesday on expectations of a higher open on Wall Street, with increases in technology shares offsetting some of the gloom in the banking sector.

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