Friday, 22 November 2019
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European stocks mixed as US-China trade optimism fades
Wednesday, 9 October 2019 14:39 WIB | MARKET UPDATE |Indeks Stoxx Europe 600Saham Eropa

European stocks traded mixed Wednesday morning as investor caution continues amid fading hopes of an imminent resolution to the U.S.-China trade war.

The pan-European Stoxx 600 fluctuated between positive and negative territory in early trade, telecoms and travel and leisure stocks eking out 0.3% gains while food and beverages slipped 0.2%.

Markets worldwide suffered on Tuesday as the U.S. imposed visa restrictions on Chinese officials in response to the detention or abuse of Muslim minorities, having already blacklisted 28 Chinese companies over their alleged involvement in the treatment of ethnic Uighurs in Xinjiang province, angering Beijing.

The world's two largest economies are still set for high-level trade negotiations in Washington on Thursday.

Source: CNBC

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