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On Thursday, European equities followed Wall Street as well as Asian bourses lower in rather a muted response to the American Congress's approval of a long-awaited tax overhaul.
The STOXX 600 index lost 0.2%, with major European equities trading sideways.
Spain's IBEX headed south 0.4%, a bit worse than Germany's DAX as well as Paris CAC 40 that both tumbled 0.2%.
Financial experts are assured that financial markets will require time to digest the newly-approved US tax bill to find out which businesses will derive the greatest benefits.
Nokia reported the best performance of the STOXX 600, gaining 2.6% having announced a patent agreement with China's Huawei.
Meanwhile, Britain's Balfour Beatty posted a 2.4% soar after on Thursday it told that it had already agreed to have a 12.5% stake sold in M25 motorway operator Connect Plus for about 103 million pounds, thus pushing up this year’s revenue and making funds to pay down debt.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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