Europe Stocks Trim Their Best Monthly Gain in Six as Banks Fall
- VW declines after posting profit drop in namesake brand
- Traders await U.S. payrolls data, ECB meeting this week
European Stocks Snap 5-Day Rally
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European stocks fell, halting their longest advancing streak in almost seven weeks, as banks declined.
Lenders posted the worst performance among Stoxx Europe 600 Index groups, with Banco Popolare SC and Banca Popolare di Milano Scarl down more than 5.4 percent. Volkswagen AG lost 2.6 percent after the company mired in an emissions-cheating scandal reported an 86 percent slide in quarterly profit at its namesake brand.