Decline in European shares amid mixed trade news
Publish Date : 2019/11/08 - 12:05

European stocks fell on Friday after a week-long rally. Contradictory news of US-China trade talks has raised doubts on whether the parties were getting close to signing the agreement or not.

Miners SXPP, which are most sensitive shares to trading news, had the worst day this month, with a 1.6% drop.

The STOXX 600 index fell 0.4%.

Better-than-expectations earnings reports by European companies led to good performance in the world's largest stock market in recent weeks. But doubts about the outlook for global growth and President Trump's willingness to approve the terms of the deal with China have put much pressure on the market.

Source: Reuters

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