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European Stocks Fluctuate on Trade Talks Tension as Oil Climbs


Tuesday, 5 June 2018 14:39 WIB

EropaIndeks Stoxx Europe 600


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European stocks are little changed as investors weigh global trade tensions, while oil halts its decline, boosting energy shares.

The Stoxx Europe 600 Index trades less than 0.1% lower, with basic resources and banking stocks pacing the drop. Group of Seven leaders meet in Quebec Friday, with the European Union and Canada threatening retaliatory measures unless President Donald Trump reverses course on new steel and aluminum levies. Oil pares losses to trade around $65 a barrel after an OPEC committee stressed the need to ensure supplies can meet growing demand.

Source: Bloomberg


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