European Stock-Index Futures Drop; UBS, Dassault May Slip

European stock-index futures fell after UBS AG reported its first quarterly loss in almost five years as declines in the U.S. subprime-mortgage market forced it to write down the value of fixed-income securities.

Dassault Systemes SA, whose software is used by Toyota Motor Co. to design its cars, may drop after cutting its full-year earnings and sales forecasts. BHP Billiton Ltd. and Rio Tinto Group retreated in Australia as metals prices slipped.

``European markets will be a touch weaker today,'' said Simon Payne, a trader at Fortis Bank SA in Madrid. ``UBS earnings look worrying.''

Futures on the Dow Jones Euro Stoxx 50 Index, a benchmark for the euro region, lost 7, or 0.2 percent, to 4,480 at 7:26 a.m. in London. The U.K.'s FTSE 100 Index may decrease 16, according to Cantor Index, a betting firm.

Asian stocks fell, dragging a key regional index from a record, after Kookmin Bank reported earnings that missed analysts' estimates and Baoshan Iron & Steel Co.'s profit decreased for the first time in more than a year. U.S. stock- index futures dropped.

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