European stocks slip to one-week lows on trade war hit

- Technology stocks pushed European equities to a one-week low on Monday as investors fled from riskier assets after another exchange of blows between the United States and China over trade at the end of last week.

U.S. President Donald Trump on Friday hit back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted Chinese goods and demanded that U.S. companies move their operations out of China. But after falling half a percent at opening to hit its lowest level since Aug 16, the pan-European STOXX 600 index was down 0.33% by 0755 GMT.

, but the declines were broad-based, with the technology index .SX8P, the most exposed to tariffs, the biggest loser with a 0.59% fall.

StocksHitLow

You gotta diversify your bonds

Gee I'm watching now and they along with US futures are up FAKENEWS

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks set to drop as US-China trade war intensifiesStocks in Asia were set to trade lower on Monday following an escalation in the U.S.-China trade war late last week. How about the stocks are coming back to historic P/E ratios? Hari kari anyone? Keep money under mattress, best bet
Source: CNBC - 🏆 12. / 72 Read more »

European stocks set to open lower amid rising US-China trade tensionsEuropean stocks are set to begin Monday's session in the red as investors react to the latest escalation in the U.S.-China trade war. But... the economy is strong...? 🙄 MAGA TrumpGibberish 🤪😅
Source: CNBC - 🏆 12. / 72 Read more »

Nomura cuts recommendation on HK stocks as protests, trade war escalateJapanese brokerage Nomura downgraded its recommendation on Hong Kong st... coward Hong Kong's excellent infrastructure of finance and trade has its inherent advantages that cannot be formed in a short time.
Source: Reuters - 🏆 2. / 97 Read more »