(Bloomberg) -- European stocks may drop, tracking Asian equities lower, on concern China is preparing to raise interest rates to control economic growth. BHP Billiton Ltd. and Rio Tinto Group might decline.
Nokia Oyj may be active before the mobile phone maker reports first-quarter earnings. BP Plc might fall as oil dropped and Merrill Lynch & Co. recommended investors reduce their holdings in the energy producer.
Read more at Bloomberg Stocks News
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