European stocks slipped Friday, with oil and gas and consumer goods shares leading all sectors lower. The Stoxx Europe 600 was down 0.1% at 388.33. The benchmark was looking at a weekly decline of 0.1%. A selloff in oil dominated the direction of markets this week, and crude prices were on pace for a fifth consecutive week of losses. Among major benchmarks, the U.K.’s FTSE 100 fell 0.2% to 7,423.89. Germany’s DAX 30 shed 0.1% at 12,779.80, and France’s CAC 40 was off 0.1% at 5,253.47. Topping the Stoxx 600, U.K. broadcaster ITV PLC rose 2.3%, while Domino’s Pizza Group PLC dropped 7.5%, anchoring the index. Investors on Friday will assess data for eurozone manufacturing and services activity in June. Also Friday, European Union leaders are gathering for their summit in Brussels, where Brexit is high on the agenda one year after the U.K. voted to leave the bloc.
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