Pursuits
European Stocks Drop to Three-Week Low; Electrocomponents Falls
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European stocks fell to a three-week low, trimming a quarterly gain for the benchmark Stoxx Europe 600 Index, as investors awaited the results of stress tests on the Spanish banking system.
Hennes & Mauritz AB declined 1.7 percent after SEB AB and CA Cheuvreux SA advised investors to sell the shares. Electrocomponents Plc plunged the most in more than seven years after saying full-year profit will miss projections. Cap Gemini SA rose 0.8 percent after Accenture Plc forecast full-year earnings that topped analyst estimates. Air France-KLM gained