European Markets

European Markets: European stocks drop in early trading ahead of stress results later in the aftenoon. The pan-European Stoxx 600 index fell 0.7% in morning trade, putting it on track for a weekly loss of 2.6%. France's CAC 40 index dropped 0.6% while Germany's DAX 30 index retreated 0.5% as banking shares moved lower. The UK's FTSE 100 index declined 0.4%.