trending Market Intelligence /marketintelligence/en/news-insights/trending/Vqn6ahMAtlnhNIDboyO9Lw2 content esgSubNav
In This List

European stocks open lower after Asia slips amid tax reform doubt

Blog

Spotlight on sustainability How banks can overcome the challenges of achieving Net zero by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


European stocks open lower after Asia slips amid tax reform doubt

European stocks opened mostly down after Asian markets followed U.S. shares lower amid uncertainty over the fate of the U.S. tax reform package.

Germany's DAX fell almost 0.4% by 9:46 a.m. in London and the CAC 40 slipped 0.3% in Paris. The FTSE 100 was little changed.

Earlier, Hong Kong's benchmark Hang Seng Index closed 1.09% lower at 28848.11, after dropping by as much as 1.46%. Chinese stocks also retreated, following a money market interest rate hike by the central bank a day before. The Shanghai Composite closed 0.8% lower at a level of 3,266.14.

Japan's Nikkei 225 shed 0.62% on the day to 22,553.22, the lowest level in more than a week, as the technology sector sagged.