European Stocks Fall as Energy Prices Weigh; Stoxx 600 Drops 0.6%
European indexes declined at the open as elevated energy prices weighed. The Stoxx 600 fell 0.6%, while France’s CAC 40 dropped 1% after weekend riots; banks also fell sharply.
European stock indexes opened lower as energy prices remained elevated. Banks and defense shares also retreated, contributing to a 0.6% decline in the Stoxx 600. France’s CAC 40 fell 1% after riots across the country over the weekend. Banks posted sharp losses, with Societe Generale and Credit Agricole both falling…