European stocks slide ahead of EU summit

The EuroStoxx 50 was 1.86% lower at 2,146, while the main French and German stock markets lost 1.8% and 1.7% each. Shares were also under pressure in London, the FTSE 100 falling 0.79% to 5,470, mirroring losses on the FTSE 250 and the All Share. In the US, the S&P 500 slumped 1.32% to 1,317 shortly after the opening bell, while the Dow fell 1.16% to 12,493. The euro weakened while US treasuries rose as investors looked ahead of the European Union summit on 28-29 June. European leaders are set to discuss specific steps towards a cross-border banking union, closer fiscal integrat...