European shares opened slightly lower Monday morning, as investors closely monitored global trade developments.
The pan-European Stoxx 600 was down around 0.2% shortly after the opening bell, with most sectors and major bourses in negative territory.
Market focus was largely attuned to the latest progress in U.S.-China trade negotiations. The two countries had described their latest talks as “productive” and “constructive,” but stocks on Wall Street fell Friday after Beijing officials canceled a visit to U.S. farms in Montana, cutting their trip to the country short.
Washington and Beijing have slapped tariffs on billions of dollars’ worth of each other’s goods since the start of an intense trade dispute which began last year.
Source : CNBC