forexsq - European stock markets inched lower in early action on Friday, as investors eyed the second day of a two-day European summit, while weak U.S. tech earnings weighed on sentiment.
The Stoxx Europe 600 index XX:SXXP -0.24% slipped 0.2% to 275.67, after reaching the highest level since June 2011 the prior day.
Aggreko PLC UK:AGK -6.82% posted the biggest drop in the index, off 6.6%, after it said exchange-rate movements and increased bad-debt provisions likely will hurt full-year profit by 2.5%.
Elsewhere, developments in Brussels were in the spotlight for a second day, as European leaders prepared for the second day of talks at the European Councilâ€™s summit.
The council wrapped up the first meeting Thursday night and said it has set a deadline of Jan. 1 to agree on a legislative framework for a single supervisory mechanism.