European Stocks Muted on Pressure From Banks, L’Oreal Earnings
(Bloomberg) — European stocks were subdued on Friday, weighed down by a broad retreat across banking shares and disappointing sales growth at L’Oreal SA. The Stoxx Europe 600 Index was down 0.1% by the close, still posting a third straight weekly advance. L’Oreal dropped 4.9% after the French beauty giant revealed sales were much weaker…