European
stocks were little changed, with the Stoxx Europe 600 Index heading for
a seventh weekly advance, as investors awaited data on U.S. business
activity. U.S. futures and Asian shares were also little changed.
Societe
Generale SA slipped 2.1 percent after Les Echos reported that the
French bank��s Russian unit posted a decline in first-quarter profit.
BNP Paribas SA lost 5.1 percent as a person familiar with the matter
said U.S. authorities are seeking more than $10 billion from the bank to
settle investigations into dealings with sanctioned countries.
The
Stoxx 600 fell 0.1 percent to 344.14 at 8:04 a.m. in London. The
benchmark gauge has gained 1.9 percent in May as European Central Bank
President Mario Draghi pledged to ease monetary policy in June if
necessary. Standard & Poor��s 500 Index futures slipped 0.2 percent
today, while the MSCI Asia Pacific Index lost 0.2 percent.
The
Thomson Reuters/University of Michigan consumer sentiment index slipped
to 82.5 in May from 84.1 in April, according to the median estimate of
analysts surveyed by Bloomberg News.
Copy Source: Bloomberg
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