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STOXX 600 Posts Biggest Drop in Three Weeks, Falling More Than 1%

Europe's STOXX 600 fell more than 1% to 637.74, weighed by bank shares as oil prices climbed and French bond yields rose.

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By Avinash P and Niket NishantEurope's STOXX 600 posted its steepest decline in three weeks on Thursday, dragged lower by weakness in bank shares, while higher oil prices and rising yields on French bonds dampened risk appetite further.The pan-European index ended more than 1% lower at 637.74 poin…