Stocks were mixed on Thursday, with European shares sliding after a mostly positive session in Asia that saw Chinese equities shrug off the ongoing tariff to-and-fro between Beijing and Washington. The dollar was steady, while oil hovered near a seven-week low.
The Stoxx Europe 600 Index fell 0.4 percent to 388. 30 as of 8:14 a.m. London time, the lowest in a week on the largest fall in a week.
The Stoxx Europe 600 Index declined, with most sectors in the red. Chinese and Hong Kong stocks pushed higher earlier as earnings reports offered a respite from the recent sell-off, while Japanese shares declined. S&P 500 index futures were flat. Treasuries maintained gains after investors scooped up a record $26 billion 10-year auction. Turkey’s lira and Russia’s ruble extended their slump as separate disputes with the U.S. deepened, while the kiwi tumbled to a two-year low after the New Zealand central bank pushed out its forecast for a rate increase.
Source : Bloomberg