London stocks drop on Friday, with banks and energy majors bearing the brunt of losses.

Treasury prices fall, pushing 10-year yields up from their lowest level in history, as traders take a breather after a nine-week rally. They await comments from global officials at the weekend’s Group of Eight meeting.

Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service, Al Lewis reports.

U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering.