Europe Stocks Post Weekly Decline as Renault Weighs on Carmakers
European Stocks Suffer Second Straight Weekly Loss
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Declines in auto-related shares and commodity producers dragged European stocks lower as a busy earnings week drew to a close.
The Stoxx Europe 600 Index fell 1 percent at the close. The gauge fell 0.5 percent in the past five days, capping its second straight weekly decline. Renault SA fell 5.1 percent Friday, pulling down carmakers, after its profit missed estimates and the company said price pressures are rising in some markets. Miners snapped a three-day advance.