Friday, May 25, 2007

European Stocks Drop, Led by Anglo American, Rio; OMX Surges on Takeover

(Bloomberg) -- European stocks dropped for a second
day, paced by mining companies, after copper in Shanghai fell the
most in a week and gold traded near a two-month low.

Anglo American Plc, the world's second-biggest mining
company, and Rio Tinto Plc, the third largest, declined. OMX AB
had the biggest rally in more than four years after Nasdaq Stock
Market Inc. agreed to buy Europe's fifth-largest equity market.


Read more at Bloomberg Stocks News

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