European shares slip ahead of trade talks; healthcare stocks drag [Reuters]
CHR HANSEN HLDG A/S S/ADR (CHYHY)
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Source: Reuters
European shares slip ahead of trade talks; healthcare stocks drag (Reuters) - European shares inched down in early trade on Thursday, hit by a batch of bad news for healthcare companies and a series of new twists in the U.S.-China trade war ahead of top-level negotiations starting later in the day. Danish biosciences company Chr. Hansen ( CHRH.CO The benchmark index erased initial gains to drop 0.2% by 0830 GMT. Healthcare stocks .SXDP slipped nearly 1% and were the biggest decliners among the major European sub-sectors. European equity markets have fallen more than 3% in October as a dismal run of economic data and the threat of a transatlantic trade war added to U.S.-China trade tensions and Britain’s chaotic efforts to leave the EU. Germany's trade-sensitive DAX .GDAXI Minister-level trade talks between the United States and China are set to resume for the first time since July as they attempt to end a 15-month trade war that has hurt global growth and dented business confidence.
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