Europe shares pare losses on U.S. confidence data

LONDON, Oct 26 (Reuters) - European shares pared losses on Tuesday afternoon, after data showing U.S. consumer confidence picked up. By 1434 GMT, the FTSEurofirst 300 index of leading European shares was down 0.4 percent at 1,088.13 points. It earlier touched a low of 1,083.01, hit by weak U.S. house prices data. [ID:nN2649346] U.S. consumer confidence rose slightly in October but remained near historically low levels as concerns about the labour market persisted, according to