By Simon Kennedy
LONDON (MarketWatch) -- European stocks edged lower in early trading Tuesday, with U.K. bank Barclays (UK:BARC 319.50, -3.35, -1.04%) (BCS 20.28, +0.97, +5.02%) in focus after it said Robert Diamond, the head of its investment banking arm, will become CEO of the entire group next year. Shares in Barclays dropped 1.4% in early trading as most banking stocks lost ground. Other stocks on the move included Air Berlin (DE:AB1 3.50, +0.03, +0.87%) , which rose 1.7% in Frankfurt after reporting a rise in passenger traffic. Among the main indexes, the U.K. FTSE 100 index (UK:UKX 5,423, -16.30, -0.30%) fell 0.3% to 5,421.27, the French CAC 40 index (FR:PX1 3,669, -16.22, -0.44%) dropped 0.5% to 3,666.02 and the German DAX 30 index (DX:DAX 6,131, -23.89, -0.39%) fell 0.5% to 6,127.33. |
