Europe Stocks Fall From 1-Month High Amid Lloyds, Shell Earnings
- Banks decline before stress-test outcome due tomorrow
- More than 70 Stoxx 600 companies report results today
European Stocks Pull Back, End Four Days of Gains
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European stocks dropped as investors assessed a slew of earnings reports and lenders fell before Friday’s stress-test results.
Lloyds Banking Group Plc and Royal Dutch Shell Plc fell after releasing results, while Rolls-Royce Holdings Plc and Adidas AG rose. On one of the busiest day for earnings updates this season, with more than 70 companies reporting, the Stoxx Europe 600 Index lost 0.9 percent at the close. Banks posted the biggest declines among groups, before regulators publish their latest health check on the industry.