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On Tuesday, European equities faltered at the start of 2018 because autos shares dived and an impressive run-up in metals as well as mining stocks reversed. Meanwhile, strength in crude companies and financial institutions was not enough to tame the slide.
The STOXX 600 lost 0.3%, while euro zone stocks STOXXE edged down 0.4%.
Autos stocks SXAP descended 2%, set for their biggest daily dive since July 2017, suppressed by weaker car registrations data.
In France, in December, new car sales dived 0.51% and the share of new diesel vehicles sank below 50% for the first time since 2000.
Traders also hinted at a report in Britain's Daily Telegraph citing estimates that British car registrations data, due out on Friday, would demonstrate a 5% dip in new car sales.
BMW, Fiat Chrysler, Renault, Peugeot and Volkswagen all appeared to be among top losers, sliding 2.4%-2.8%.
As for basic resources stocks, they fell back too, with the sector index sliding 0.8%.
On Monday, American equities started higher because reports of planned trade negotiations between China and the United States raised expectations for a probable resolution to their trade conflict…
On Friday, Britain’s main stock index was nearly intact, with an abrupt weekly dive for the benchmark in sight because market participants worried about another phase of negotiations for Britons in protracted talks to leave the EU and concerns that talks…
On Friday, Asian stock indexes generally rallied, with Japan in the lead…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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