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European Stocks Decline; Stoxx Europe 600 Loses 0.3%

European stocks declined, as automakers, chemical companies and travel firms declined.

The benchmark Stoxx Europe 600 Index lost 0.3 percent to 241.39 at 12:58 p.m. in London.

The shares had earlier risen following the release of U.S. unemployment data that showed that the jobless rate in the world’s largest economy fell to 9 percent in October and payrolls increased by 80,000.

Alcatel-Lucent, Bekaert NV and Dexia SA led declining shares.

To contact the reporter on this story: Corinne Gretler in Zurich at cgretler1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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