European Stocks Retreat, Paring Weekly Advance as Miners Decline
Investors will watch economic reports today, with the euro area updating on consumer prices, while the U.S. releases private income and spending data. A report on U.S. manufacturing is also due, along with factory gauges across the euro region.
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European stocks slipped, paring a weekly gain, as miners and energy companies retreated.
A gauge of commodity producers posted the biggest decline of the 19 industry groups on the Stoxx Europe 600 Index as Societe Generale SA said iron ore prices may extend losses. BHP Billiton Ltd. slid 2.6 percent. Royal Dutch Shell Plc and Total SA contributed the most to a drop in energy stocks, as oil prices fell.