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European markets mixed amid US-China trade developments

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European markets traded mixed on Tuesday morning as investors await updates on a potential U.S.-China trade deal and monitor economic developments.

The pan-European Stoxx 600 hovered below the flatline in early trade, with chemicals stocks jumping out to 0.5% gains while telecoms fell 0.7% to lead losses.

Asian shares rose during Tuesday’s session, following record closes for stocks on Wall Street on Monday. Japanese shares led regional gains, with the Nikkei adding 1.8% during afternoon deals.

Chinese leader Xi Jinping, delivering an address at the China International Import Expo on Tuesday, called for international tensions to be resolved through discussion, urging the removal of global…



Source cnbc.com

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