DJIA27024.80
LIVE237.44(0.89%)
NDX7942.85
LIVE100.52(1.28%)

European stocks close under pressure amid Iran tensions and trade fears


Tuesday, 25 June 2019 23:17 WIB

EropaSaham EropaIndek stoxx europe 600


c_740_198_16777215_00_images_assets_EUROPE_EUflag.jpg

European stocks closed slightly lower Tuesday amid heightened geopolitical tensions between the U.S. and Iran, as well as ongoing trade uncertainty.

The pan-European Stoxx 600 closed provisionally just below the flatline at 383.40 . Auto and retail stocks led the losses with 1% declines, while basic resources climbed 0.7%.

President Donald Trump on Monday signed an executive order imposing “hard-hitting” new sanctions on Iran, which NBC News reported will deny Iranian Supreme Leader Ayatollah Ali Khamenei and his office access to key financial resources. Iran slammed the sanctions, saying they signaled the end of diplomacy.

Meanwhile, investors are also awaiting a meeting between Trump and Chinese President Xi Jinping at this week’s G-20 summit in Japan amid the ongoing trade war between the two nations. A senior U.S. official reportedly said Trump is “comfortable with any outcome” from U.S.-Sino talks at the summit.

Source : CNBC


RELATED NEWS

  • Hong Kong shares closed with slight losses Tuesday following three days of gains, while investors were fretting over the limited scope and lack of detail in last week's mini China-US trade deal. The ...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.