European stocks slip with US-China trade talks in focus

2019-09-20 10:01:45 GMT (Economies.com)
European stocks slip with US-China trade talks in focus

European stocks fell slightly today, on investors' risk aversion and increased profit-taking, while heading towards the first loss in the last 3 sessions, amid anticipation for the ongoing round of the US-China trade talks.

 

As of 08:48 GMT, Stoxx Europe 600 fell by 0.1%, as it closed yesterday higher by 0.6%, its second daily gain as banking sector stocks rose.

 

The index fell today, on investors' risk aversion and increased profit-taking, as most of the European markets and sectors fell.

 

The markets are focusing on the ongoing round of the US-China trade talks on deputy-level in preparation for the high-level talks scheduled in the first of next month in a round of ministerial-level negotiations which will take place in Washington.

 

S&P 500 futures rose by 0.1%, as it closed flat yesterday on Wall Street, after 2 consecutive daily gains.

 

Euro Stoxx 50 index fell by 0.1%, in France the CAC 40 fell by 0.1%, and Germany's DAX shed 0.25%.

 

In London, the FTSE 100 fell by 0.15% to top the European gaining list, as the IG Group share rose by 9%, after British pound rose to 2-month high against dollar which damage exporters.

 
 
 
  Symbol Last Change Chg.%
1.1233
0.0114
1.0257%
1.2603
0.0189
1.5221%
Tadawul
7222.41
-62.82
0.86%
17.584
-0.495
2.741%
37.105
2.618
7.591%
39.43
-0.36
0.90%
1695.445
-37.240
2.149%
 
 
US
 
Europe
 
Asia