European Stocks Drop as Bank Shares Flip Lower After Stress Tests

European stocks declined on Monday, with bank shares losing steam following stress-test results for the industry, and as an update on eurozone manufacturing activity showed further slowing.

The Stoxx Europe 600 dropped 0.6% to close at 339.86, with banks leading decliners after stress-test results out on Friday.

Gains in bank shares ahead of the test results led to the Stoxx 600 closing up 0.7% on Friday.

Source : Market Watch

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