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Europe shares fall as HSBC weighs, France protests keep investors wary
European shares fell on Tuesday after disappointing earnings from HSBC weighed on banking shares, while ongoing tensions in France added to investor caution. HSBC fell 6.9%, after Europe’s largest bank’s revenue came in below estimates, in part due to slower growth at its wealth business. The losses dragged the bank index that dropped 1.3%. The pan-European STOXX 600 index was down 0.2% at 639.64 points by 0805 GMT, after climbing nearly 0.8% on Monday. Investor sentiment remained fragile as French student leaders vowed to go on protesting despite government concessions on education, ...
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