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European stocks slip despite gains for banks and miners

The euro gained after comments yesterday from the head of the European Central Bank

European stocks slip despite gains for banks and miners

Shares of European banks and basic materials companies rose Thursday, boosted by US bank stress tests and a weaker US dollar respectively, but key regional benchmarks failed to follow them higher, MarketWatch reports.

The Stoxx Europe 600 slipped 0.1% to 385.31, giving up a gain of 0.5% at the open of trading. The financial and basic materials were the best performing sectors, but the utility, industrials, consumer goods and services, and healthcare groups struggled.

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