Friday, 26 April 2024
European stocks edged lower in quiet trading on Wednesday, as tensions heightened between the United States and China ahead of their crucial trade negotiations, while more uncertainty over Britain’s EU exit also weighed on sentiment.
The pan-European STOXX 600 index was down 0.2% by 0707 GMT, with most country indexes flat to slightly lower. Tariff-sensitive auto stocks .SXAP lost 0.5%, while the technology sector shed 0.4%.
Washington’s move to impose visa restrictions on Chinese officials late on Tuesday aggravated worries after the addition of more Chinese companies to a U.S. trade blacklist, making investors skeptical of a quick resolution to the protracted trade war.
The article was originally published by Reuters. It can be read here.
Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.
Pro-nuclear energy protesters rally against Greenpeace in Paris 
Credit Suisse taps Santangelo as global co-head of healthcare 
