European Stocks Erase Losses as Oil Price Falls; HSBC Slides

European stocks erased earlier losses as a decline in oil prices offset disappointing earnings from HSBC Holdings Plc. The benchmark index recovered from a weak open, with energy sector declines weighing on some markets while HSBC shares slid after its results. Investors monitored the US-Iran conflict and its impact on commodity prices, with oil's drop providing some relief to equities.