Jul. 2 at 7:56 AM
European stock markets mostly lower Tuesday, with industrials & banks the biggest drags as investors weighed uncertainty over U.S. trade deals with the July tariff deadline fast approaching & discussions on a U.S. tax bill. Investors continued to monitor the European Central Bank’s annual forum in Sintra, Portugal. Drugmaker
$AZN +2.8% after it was reported CEO Pascal Soriot was considering moving the firm's stock market listing to the U.S. AstraZeneca is the biggest firm listed in the U.K., in terms of market capitalization. Banks also fell -1.3%, w/Germany's
$DB down the most with a -3.6% decline. French
$CAC40 -0.04%, German
$DAX -0.99%, Italian FTSE -0.58%, Spain’s Ibex -0.03%, London
$FTSE +0.28% & European STOXX 600 -0.21% at 540.25, coming off a more than 1% fall for the month of June. Industrials led losses among the major STOXX sub-sectors with a -1.7% fall. Defense-related companies including Germany's Rheinmetall, Sweden's Saab & Italy's Leonardo all fell more than -5% each
