European shares moved lower Thursday morning ahead of a European Central Bank rate decision.
The pan-European Stoxx 600 was down by 0.3 percent to 374.60 with almost every sector in the red. Autos and basic resources fell more than 1 percent. Investors are taking a cautious approach as they wait for further details on a possible trade agreement between China and the U.S.
Looking at individual stocks, JC Decaux was among the out-performers, up by about 5 percent. The company reported a net profit increase in 2018 and decided to pay a higher dividend.
Source : CNBC