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European Markets Fall With U.S.-China Tensions Escalating


Friday, 29 May 2020 14:35 WIB

Stoxx 600Saham Eropa


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European markets retreated on Friday morning as escalating tensions between the U.S. and China push back on the week’s positive sentiment amid the reopening of economies across the continent.

The pan-European Stoxx 600 fell 1% at the start of trading, auto stocks dropping 3.2% to lead losses as all sectors except health care slid into negative territory.

U.S. President Donald Trump is expected to hold a press conference Friday “on China” and markets are expecting a further souring of relations between the world’s foremost economic superpowers.

Source : CNBC


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