Economics
European Stocks Decline on Ukraine, Chinese Manufacturing
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European stocks fell, following a third week of gains for the region’s equities, as violence intensified in eastern Ukraine, while a report showed Chinese manufacturing contracted for a fourth month.
Credit Suisse Group AG dropped 2.3 percent after JPMorgan Chase & Co. forecast its own trading revenue will slide this quarter. Wincor Nixdorf AG lost 5.1 percent after the maker of self-checkout tills in supermarkets posted worse-than-expected earnings. Wacker Chemie AG dropped 3 percent after the chemical maker also reported earnings that missed estimates.