- European stocks were subdued as investors weighed the outlook for rate hikes and miners tumbled.
- The CAC 40 advanced 0.3% to close on the cusp of a record high.
- Credit Suisse Group AG fell after Harris Associates stock picker David Herro sold the firm's entire stake.
- Repsol SA said it would buy back as much as 909.8 million euros worth of shares.
- Telecom Italia SpA jumped after an offer for the telecom's landline network.
European Stocks Muted as Miners Drop; CAC 40 on Cusp of Record
European stocks were subdued as investors weighed the outlook for rate hikes and miners tumbled while French shares closed on the cusp of a record high.
Sagarika Jaisinghani
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