French stocks fall

French stocks fell after crude oil rose to a record, spurring concern that rising fuel costs will damp earnings growth.

BNP Paribas SA, Societe Generale SA and LVMH Moet Hennessy Louis Vuitton SA paced declines.

The CAC 40 lost 71.73 or 1.5% to 4,780.79. The benchmark dropped 3.5%; the SBF 120 slid 1.5%.