European stocks fluctuate amid debt concerns

European stocks fluctuated between gains and losses as continued concern about the euro area?s debt crisis offset an expansion in Chinese manufacturing. U.S. index futures and Asian shares were little changed.

Credit Agricole SA (ACA) and Societe Generale (GLE) SA led a selloff in banks, falling more than 2 percent. ING Groep NV (INGA) paced insurers lower, retreating 2.1 percent. Cookson Group Plc (CKSN) rallied 4.5 percent after the Sunday Times reported the world?s biggest maker of ceramic linings for metal smelters may spin off its electronics unit.

The benchmark Stoxx Europe 600 Index (SXXP) slipped 0.1 percent to 263.12 at 11:07 a.m. in London, after earlier climbing as much as 0.6 percent and retreating 0.4 percent. Standard