Europe Stocks Little Changed as Stoxx 600 Trims Loss

European stocks closed little changed, trimming losses in the final minutes of trading, after data showed Chinese manufacturing shrank for a second month and Federal Reserve minutes signaled stimulus cuts will continue.

BAE Systems Plc plunged the most since October 2008 after predicting profit will drop as much as 10 percent this year. Randstad Holding NV tumbled 11 percent after reporting quarterly results that missed estimates. TUI AG dropped 5.4 percent after one of its largest shareholders sold a 15.7 percent stake in the company. Technip SA rallied the most since July 2009 after saying its profit margin will increase next year.