European stocks traded mixed Monday amid a dampening of optimism over U.S.-China trade talks, after President Donald Trump denied that he had agreed to roll back tariffs on Chinese goods.

The pan-European Stoxx 600 index closed provisionally virtually unchanged at 405.41. Basic resources stocks with their heavy exposure to China slipped over 1%.

Hopes of trade progress rose on Thursday when China's Commerce Ministry said Beijing and Washington had agreed to lift existing tariffs on one another's goods, but Trump on Friday said he had not agreed to any rollbacks.

Source : CNBC