European stock markets have opened sharply lower, with the Stoxx 600 index falling 0.42% and almost all sectors in the red led by travel, down 1.5%.
Global sentiment has not been improved by the latest updates on U.S. tariffs, with high duties that Washington has imposed on China expected to remain in force and with negotiations with key U.S. trading partners looking set to rumble on beyond the initial July 9 deadline.
The U.K.'s FTSE 100 initially dipped after closing at a record high on Wednesday, but was last fractionally above the flatline after figures showed the British economy contracted 0.3% in April as exports to the U.S. dropped by the most on record.
Source: CNBC
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