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European stocks slide amid trade war, political worries


Wednesday, 29 May 2019 14:26 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


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European shares began Wednesday’s session in the red amid worries over the U.S.-China trade war and a potential budget standoff between Italy and the EU.

The pan-European STOXX 600 fell 0.8% at the opening bell, technology stocks leading the losses with an early 1.3% fall as all sectors tumbled in the early minutes of trading.

Traders are taking a more cautious approach to risk assets, with the trade battle between Washington and Beijing proving to be a main point of anxiety for global markets.

Meanwhile, a Chinese official hinted Tuesday that Beijing could use its strength in rare earth minerals as leverage in its trade dispute with the U.S.

Source : CNBC


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