European Stocks Extend Drop as Traders Wait for Trump’s Speech
European shares fell, extending this week’s selloff on renewed trade-war tensions as focus turns to US President Donald Trump’s scheduled trip to the World Economic Forum in Davos. The Stoxx Europe 600 Index dropped 0.6% by 12:34 pm in London, bringing this week’s declines to about 2.5%. Banks and financial services were the biggest laggards…