LONDON: European stocks finished narrowly mixed on Tuesday as investors tracked developments in the China-US trade talks, while Chinese online retail titan Alibaba surged almost eight per cent on its Hong Kong debut.
The two sides"discussed solving issues regarding each other's core concerns, reached consensus on properly resolving related issues, and agreed to maintain communication on remaining issues in consultations on the 'phase one' deal", China's official Xinhua news agency said, without providing more details.
The IP issue is a major sticking point for the United States in the discussions and agreement on it is seen as key to their success.The comments helped sentiment, but failed to spark a new rally, especially as trading quiets ahead of the US Thanksgiving holiday on Thursday.