European Stocks Decline; Mining, Construction, Technology Firms Lead Fall

By Peter Levring - Nov 10, 2011 10:22 PM GMT+0700

European stocks fell, erasing their earlier gains, as basic resources producers and construction companies declined.

The benchmark Stoxx Europe 600 Index lost 0.6 percent to 235.01 at 3:20 p.m. in London. The gauge earlier rose as much as 0.8 percent after Italy met its fund-raising target in an auction of Treasury bills and the European Central Bank was said to buy Italian bonds.

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To contact the editor responsible for this story: Andrew Rummer in London at arummer@bloomberg.net;