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Market Update

European Stocks Edge Lower Early

Shares in Europe climbed lower early Tuesday, as lingering concerns over the fiscal situation of several countries remained in focus, with resource stocks trading pressured.

At 1:15 p.m. (I.S.T.), Britain's FTSE, France's CAC and Germany's DAX slipped 0.1% to 0.5%.

In sector movers, financials were trading broadly higher with BNP Paribas, Credit Agricole, Deutsche Bank and Societe Generale adding 0.3% to 1.4% while miners BHP Billiton, Rio Tinto, Anglo American and Antofagasta losing 0.3% to 0.6%.

In news-driven stocks, Vodafone Group jumped 2.1% after the telecom giant declared its quarterly earnings.

Elsewhere, Asian shares traded in a tight range, following a sedate finish on Wall Street.

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