Brussels – Saba:
European stocks were mixed on Monday as investors awaited news on the trade situation as the deadline set by US President Donald Trump to implement tariffs approached.
The pan-European STOXX 600 index was flat at 541.08 points.
Other major indices in the region were mixed, with Germany's DAX rising 0.4 percent, France's CAC 40 falling 0.1 percent, Spain's IBEX rising 0.1 percent, and Britain's FTSE 100 falling 0.2 percent.
Trump said on Sunday that the United States was close to finalizing several trade agreements in the next few days and would notify other countries of increased tariffs on imports by July 9.
The new tariffs are scheduled to take effect on August 1.
Trump threatened to impose an additional 10 percent tariff on any country that adopts the BRICS group's "anti-American" policies. The European energy sector fell 1.3 percent, tracking oil prices, while the banking sector rose 0.6 percent.
Shares of French IT services company Capgemini fell 2.8 percent after it agreed to acquire WNS for $3.3 billion in cash.
| more of (International) |