DJIA29348.03
LIVE115.84(0.40%)
NDX9718.73
LIVE88.93(0.92%)

European stocks close lower as US-China trade tensions escalate


Friday, 23 August 2019 23:19 WIB

Indeks Stoxx Europe 600Saham Eropa


c_740_198_16777215_00_images_assets_EUROPE_2ff5d94e-2d5e-497b-a692-fa297bb86254_169.jpeg

European stocks closed lower on Friday as trade tensions between the world’s two largest economies heightened.

The pan-European Stoxx 600 closed 0.7% lower to 371.36, with most sectors in negative territory. Autos stocks suffered sharp losses by the close, slumping around 2%.

The Chinese State Council said it decided to slap tariffs ranging from 5% to 10% on the additional imports in two batches, effective on September 1 and December 15. A 25% tariff will also be places on U.S. cars and 5% on auto parts, with effect from December 15.

Source: CNBC


RELATED NEWS

  • Hong Kong stocks opened higher Thursday as investors took their cues from Wall Street where hopes that the new coronavirus would have only a short-term impact on the global economy buoyed markets. Th...
  • Japanese stocks gained after a slide in the yen, while stocks elsewhere in Asia opened with more modest gains as investors scrutinized the infection rate for the coronavirus after another methodology ...
  • Hong Kong stocks closed higher Wednesday as investors bet on policymakers rolling out more measures to cushion the impact of the new coronavirus which is hurting corporate earnings and economic growth...

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.