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Europe stocks set to open lower as trade war fears continue

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European stocks are set to open lower Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets.

Despite the news that Chinese Vice Premier Liu He would travel to Washington on Thursday, fears have been growing that the proposed trade deal between the two economic powers is unraveling. Tuesday saw markets continue to tumble as investors monitored trade developments between the U.S. and China, with Europe's banking stocks taking a hit of more than 2%.

Stateside, investors will continue to monitor developments between Washington and Beijing closely after the Dow dropped 470 points overnight in its sharpest decline since early January, while the S&P 500 shed 1.65% and the Nasdaq Composite dropped 1.96%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Just do fair trade. USA isn't asking for much.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

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