European stocks will be striving to follow the, where stocks broadly advanced after data showed China's industrial profit soared in June as the economy looks to bounce back from coronavirus-induced shutdowns.
However, some caution remains after a fraying of diplomatic relations between the U.S. and China, which saw thedown on Monday in compliance with a retaliatory measure from Beijing, after Washington ordered the closure of the Chinese consulate in Houston. Tensions between the world's two largest economies, along with lingering fears about the coronavirus pandemic in the U.S. and elsewhere, also
red index monday , sp500 dow jons , nasdaq
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