European Stocks Decline, Ending Best Winning Streak Since July
- Rolls Royce, Safran fall on report of EU investigation
- German utilities surge after ministry says funds sufficient
Euro Market Movers: RWE, Glencore, SABMiller
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European stocks fell for the first time in seven days as commodity producers reversed early gains and ended their longest rally since 2000.
Glencore Plc slipped 6.2 percent, erasing an advance of 5.2 percent. Kynikos Associates LP founder Jim Chanos hinted that he is short the stock. Rolls-Royce Holdings Plc and Safran SA lost 3.9 percent or more after a report that European regulators have started a probe into whether airlines are being forced to enter anti-competitive service contracts.