European stocks declined for a third day as sliding energy shares outweighed a rebound in tech companies. The Stoxx Europe 600 Index dropped 0.4 percent to 395.63 at 10:25 a.m. in London. Tumbling media companies pulled European stocks down on Friday, while U.S.-payrolls data fueled bets the Federal Reserve will raise rates this year. Stocks gained 0.2 percent last week. Greece’s ASE Index extended its rebound to three days today, advancing 0.8 percent for the best performance among western-European markets. “While the fall in commodity prices, especially oil, could help European markets in the medium term, on a first look it’s a bad sign for a cyclical upturn,” said Christian Zogg, a fund manager who helps oversee about $10 billion at LLB Asset Management in Vaduz, Liechtenstein. “The nearer we get to the first Fed move, the more nervous the market gets, but best guess is it will stay […]