European stocks halted a two-day gain amid disappointing earnings releases, while Greek shares rallied after a report that the nation won access to more emergency funding for its banks.
The Stoxx Europe 600 Index slipped less than 0.1 percent to 408.99 at the close of trading in London. It earlier rose as much as 0.6 percent and fell 0.8 percent. Retailers declined 1.4 percent, falling the most among 19 industry groups.
The Stoxx 600 climbed 1.4 percent in the past two days, closing within 1.2 percent of the record it reached earlier this month. It’s rallied 19 percent this year as the European Central Bank embarked on a quantitative-easing program.
Greece’s ASE rose after closing at its lowest level since 2012. Its banks jumped 13 percent, rebounding from a record low. Piraeus Bank SA and Eurobank Ergasias SA rallied more than 21 percent.
Source : Bloomberg