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By Susan Mathew and Sruthi Shankar (Reuters) -Automakers and retail stocks on Friday led a rebound in European shares from a two-day rout that saw investors grapple with shifting expectations of U.S. interest rate hikes, a political crisis in Italy and recession risks. Italian shares rose 1.8%, bouncing off 2-1/2 year lows hit in the previous session as investors awaited further developments in a political crisis brewing in the country. Italian President Sergio Mattarella rejected Prime Minister Mario Draghi’s resignation on Thursday and asked him to address parliament next week. “There is not…