European Stocks Fall as EU Leaders Fail to Discuss Spanish Aid

European stocks fell, snapping four days of gains, after yesterday rising to their highest valuation since 2010, and as European Union leaders failed to discuss further aid for Spain.

Bankia SA led lenders lower, losing 14 percent as a gauge of banks contributed most to the Stoxx Europe 600 Index’s drop. Aggreko Plc fell 7.2 percent after it said bad-debt provisions would hurt full-year results. Spectris Plc surged 12 percent after it reported a 12 percent increase in sales last quarter and said it will meet its full-year targets. Carrefour SA advanced 5.9 percent after it agreed to sell its Colombian unit.