European Stocks Drop on Bond Yields; Anglo American, Rio Tinto Decline

(Bloomberg) -- European stocks declined for a fifth
day, the longest rout in three months, after rising bond yields
weighed on equities in the U.S. and Asia.

Anglo American Plc led mining shares lower after copper
slid. BNP Paribas SA paced advancing stocks after Les Echos
reported Societe Generale SA is studying a possible bid for its
larger banking rival.


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European Stocks Drop on Interest-Rate Concern; E.ON, Iberdrola Fall

(Bloomberg) -- European stocks declined for a third
day on expectations the European Central Bank will raise interest
rates today and signal further increases.

E.ON AG and Iberdrola SA led a drop by utilities, among
companies most sensitive to shifts in borrowing costs. Thales SA
fell after Societe Generale SA downgraded the stock.


Read more at Bloomberg Stocks News