TOKYO - Stocks fell in early trading in Europe on Friday, led by banks as Deutsche Bank shares tumbled following news the U.S. Justice Department is seeking a $14 billion settlement over its dealings in mortgage-backed securities before the 2008 financial crisis. Asian trading was light, with regional markets closed for holidays.
KEEPING SCORE: Germany’s DAX slid 0.3 percent to 10,394.06 and the CAC 40 of France lost 0.4 percent to 4,335.39. Britain’s FTSE 100 gained 0.2 percent to 6,745.53. U.S. benchmarks appeared to be headed for a slow start, with both Dow and S&P 500 futures down 0.2 percent.
19:18 U.S. Says Canada Lumber Duty Is Part of Trade Enforcer Drive21
03:27 Ahead of NAFTA talks, U.S. sets 20 percent duties on Canadian softwood lumber23
21:12 Number of U.S. bank branches to shrink 20 percent in five years: real estate report23
12:22 French election result gives markets a start-of-week lift26