Banking Stocks Lead European Indexes Lower on Customer Loan Default Fears — Market Talk
European indexes were all in the red at the open, led by financial stocks. The Europe-wide Stoxx 600 index is down 0.55%, led by UBS which is around 4% lower. Germany's DAX, London's FTSE 100 and France's CAC 40 are down 0.6%, 0.7% and 0.8%, respectively. The Stoxx 600 basket of banking stocks is d…