Economics

European Stocks Are Little Changed as ZEW Index Weakens

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European stocks were little changed, after two days of gains, as a measure of German investor confidence fell more than forecast and the Federal Reserve Bank of New York’s general economic index missed estimates.

Inditex SA lost 4 percent as Citigroup Inc. lowered its rating on the retailer. Centrica Plc slid 1.3 percent after UBS AG recommended selling shares in the largest energy supplier to U.K. households. Casino Guichard-Perrachon SA rallied 3.2 percent after posting an 18 percent jump in 2013 earnings.