London and Frankfurt declined while Shanghai and Hong Kong gained. Japanese markets were closed for a holiday.
Friday's truce "has simply temporarily halted the escalation in China-U.S. trade tensions," Philip Wee and Eugene Leow of DBS Group said in a report. In early trading, London's FTSE 100 declined 0.4% to 7,217.36 and Frankfurt's DAX lost 0.5% to 12,443.99. France's CAC 40 retreated 0.6% to 5,628.69. On Wall Street, futures for the benchmark Standard & Poor's 500 index and Dow Jones Industrial Average were unchanged.
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