Jun. 11 at 1:46 AM
European stock markets mostly lower on Tuesday, as investors awaited the outcome of a 2nd day of U.S.-China trade talks in London. Autos as well as oil & gas were the top performers, with the sectors both up by around +1.8%, potentially on hopes that the talks will break the tariff stalemate.
$CAC40 +0.17%, Frankfurt
$DAX -0.77%, Italian FTSE -0.63%, Spain’s Ibex -0.21%, London
$FTSE +0.24%, nearing a record high & European STOXX 600 -0.02% at 553.12. The financials index fell -1.4%, led by a near 5% drop in
$UBS on investor concern that Swiss government proposals could hamper the bank with an additional
$26B capital reserve.