European stocks slip; US futures fluctuate

European stocks slipped after their biggest gain of 2009 as utilities slumped. US index futures fluctuated, while Asian shares climbed.

E.ON AG extended its two-day decline to 7.3 percent after Germany's biggest utility predicted a profit drop.

"Company outlook statements are dire and earnings visibility is extremely low across the market," said Chirin Gill, a London-based fund manager at Daiwa SB Investments, which has $60 billion.