India, July 3 -- European stocks fell in cautious trade on Friday as investors weighed another record surge in U.S. coronavirus cases against encouraging service sector data from China and the U.K.

The U.S. notched more than 53,000 new Covid-19 cases in 24 hours Thursday, marking a record single-jump in infections around the country.

Meanwhile, the German Parliament has passed a resolution saying that the European Central Bank (ECB) has met the requirements from a top German court concerning the bank's massive bond-buying program.

The euro slipped after French Prime Minister Edouard Philippe tendered his resignation ahead of an expected government reshuffle by President Emmanuel Macron.

The pan European Stoxx 600 dropped 0.3 percent t...