LONDON: European stock markets were lower on Monday , taking their lead from softer prices on Wall Street, as investors wound down and took profits at the end of year.
On the other side of the Atlantic, New York's the Dow - which ended last week on a fresh record high - was showing a mid-session loss of 0.6 per cent. "Investors appear to be growing a tad apprehensive about chasing the record-setting US equity market ... into year-end," said AxiTrader market strategist, Stephen Innes.OANDA analyst Edward Moya described trading as"light" but said that"expectations remain in place for US stocks to continue march higher" at the start of 2020.
Briefing.com analyst Patrick O'Hare similarly believed that the declines seen on Monday would not undo the strong rally of recent weeks.