European Stocks Close Lower After Record Rally; UK's Johnson Revamps Hard Brexit Threat
Tuesday, 17 December 2019 23:51 WIB | MARKET UPDATE |Stoxx Europe 600Saham EropaEropa

European stocks traded lower Tuesday as caution returned following a worldwide rally on the back of a "phase one" U.S.-China trade deal.

The pan-European Stoxx 600 slipped 0.73% at 414.71 by the close of play, with household goods shedding 2.7% to lead losses as most sectors and major bourses entered negative territory. Oil and gas and utilities stocks bucked the trend to climb 0.61% and 0.53% respectively.

The European blue chip index had ended Monday's trading session at an all-time high, surpassing 418, after Washington and Beijing announced on Friday that an agreement had been reached and would be signed in January. However, some details remain in question.

Source : CNBC

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