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May 29, 2020, 3:14 a.m. EDT

European stocks fall as investors wait for Trump move on China

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By Barbara Kollmeyer

European stocks opened lower on Friday, with investors rattled by rising tensions between the U.S. and China. The Stoxx Europe 600 index /zigman2/quotes/210599654/delayed XX:SXXP +0.88% fell 0.9%, while the German DAX /zigman2/quotes/210597999/delayed DX:DAX +1.15% dropped 1.2% and the FTSE 100 index /zigman2/quotes/210598409/delayed UK:UKX +0.76% fell 0.8%. U.S. equities fell into the close on Thursday after President Donald Trump said he would hold a news conference to discuss China on Friday. The U.S. has been expressing unhappiness with China, which just passed controversial new security laws for Hong Kong. Dow futures /zigman2/quotes/210407078/delayed YM00 +1.60% were down over 100 points. Among stocks on the move, shares of AstraZeneca PLC /zigman2/quotes/200304487/composite AZN -0.39% /zigman2/quotes/203048482/delayed UK:AZN +0.29% climbed 3.4% after the company reported strong results for a Phase III trial of its Tagrisso lung-cancer drug. Shares of Renault SA /zigman2/quotes/200919924/delayed FR:RNO +3.77% slid 4.5% after the French carmaker announced it would cut more than 14,000 jobs over 3 years. That was amid a weaker auto sector overall.

/zigman2/quotes/210599654/delayed
XX : STOXX
366.83
+3.19 +0.88%
Volume: 0.00
July 10, 2020 11:03p
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/zigman2/quotes/210597999/delayed
DAX
DX : Xetra Indices
12,633.71
+144.25 +1.15%
Volume: 72,727
July 10, 2020 6:30p
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/zigman2/quotes/210598409/delayed
UK : FTSE UK
6,095.41
+45.79 +0.76%
Volume: 666,498
July 10, 2020 4:59p
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/zigman2/quotes/210407078/delayed
US : U.S.: CBOT
$ 25,980.00
+409.00 +1.60%
Volume: 229,539
July 10, 2020 3:59p
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/zigman2/quotes/200304487/composite
US : U.S.: NYSE
$ 53.76
-0.21 -0.39%
Volume: 5.41M
July 10, 2020 4:00p
P/E Ratio
103.42
Dividend Yield
2.55%
Market Cap
$140.39 billion
Rev. per Employee
$342,432
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/zigman2/quotes/203048482/delayed
UK : U.K.: London
8,505.00 p
+25.00 +0.29%
Volume: 1.38M
July 10, 2020 4:35p
P/E Ratio
93.22
Dividend Yield
2.57%
Market Cap
£111.28 billion
Rev. per Employee
N/A
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/zigman2/quotes/200919924/delayed
FR : France: Euronext Paris
22.42
+0.82 +3.77%
Volume: 2.01M
July 10, 2020 5:38p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
€6.29 billion
Rev. per Employee
N/A
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