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In Paris, the CAC 40 dipped 0.71 percent to 4,993.82, while Frankfurt's DAX 30 lost 0.98 percent to 11,447.03 points compared with the close Thursday, when many traders were away for a public holiday in both European capitals.Wall Street stocks dropped into the red with news the University of Michigan's U.S. consumer sentiment index plummeted to 88.6 in May, down from 95.9 in April.As a result the Dow Jones Industrial Average shed 0.07 percent in late morning trades to 18,240.03 points, while tech-rich Nasdaq Composite Index lost 0.12 percent to 5,044.89 .
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