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European shares stable after steep sell-off; Banks weigh



  • Source: Reuters - - Read: 0

    Summary:

     

    (Reuters) - European shares hit six-month lows in a volatile session on Thursday, with London stocks losing more than 1%, as China warned of retaliation against U.S. tariffs, heightening fears of the continued impact of their trade war on global growth.

    The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 14, 2019. REUTERS/Staff/File Photo

    But the pan-European STOXX 600 index made up for some losses after U.S. stock futures turned positive and strong retail sales numbers from the United States subsequently helped Wall Street open higher.[.N]

    The STOXX 600 closed down 0.3%, having fallen as much as 1%earlier in the session to its lowest since Feb. 11.

    China on Thursday vowed to counter the latest U.S. tariffs on $300 billion of Chinese g ...

     

     

    Read Full News: https://www.reuters.com/article/us-europe-stocks/european-shares-stable-after-steep-sell-off-banks-weigh-idUSKCN1V50MM


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