Trade war dents European shares while M&A boosts Sky, Randgold [Reuters (UK)]
Barrick Gold Corporation (BC) (GOLD)
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Source: Reuters
Trade war dents European shares while M&A; boosts Sky, Randgold | Reuters 4 Min Read LONDON (Reuters) - The U.S.-China trade war dented European stock markets on Monday after tariffs from the world’s biggest economies came into force and China cancelled planned talks, triggering new fears of a protracted, costly trade dispute. Europe's STOXX 600 fell 0.3 percent, with Germany's trade-sensitive DAX .GDAXI down 0.4 percent. Autos and mining sectors, among the most dependent on smooth global trade, fell the furthest, down 1 to 1.2 percent. The leading euro zone stocks index .STOXX50E fell 0.4 percent, breaking its longest winning streak since 1997. “There’s potential for this to be a relatively protracted period of uncertainty given that it seems unlikely you’re going to come to a quick conclusion where both sides are happy,” said Mike Bell, global market strategist at JP Morgan Asset Management. Carmakers Volkswagen ( VOWG_p.DE ), Daimler ( DAIGn.DE ), BMW ( BMWG.DE ), and car part
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