European shares drift lower in cautious trade
European stocks edged lower on Friday, after a prior-session rise linked to declining oil prices and eased bond-market pressure. Trading sentiment stayed cautious after an ECB survey showed softer Euro Zone consumer conditions.
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09:26:25 AM UTC
SquawkNews
By Sudeshna GhoshalEurope's STOXX 600 TVC:SXXP slipped on Friday, led by losses in telecom stocks, but remained on track for modest weekly gains in a week marked by a retreat in oil prices and interest rate decisions by several central banks.The pan-European benchmark dipped 0.3% to 640.63 points b…
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