European stocks fell after Spain’s bond yields surged, Germany’s unemployment rate rose more than forecast and two-day summit of the region’s leaders started in Brussels.
German unemployment climbed in June for the fourth month this year and reached 6.8%.
Shares of Barclays Plc fell 15% after fines for falsifying London interbank-offered rate submissions sparked speculation lawsuits will follow.
Shares of Commerzbank AG sank 6.4% as the lender issued new shares.
Shares of Debenhams Plc lost 1.1% after the retailer reduced its forecast for profitability.
On result of today's session:
FTSE 5,474.78 -49.14 -0.89%
CAC 3,046.59 -16.53 -0.54%
DAX 6,141.24 -87.75 -1.41%
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