European Stocks Decline After Trump Escalates Fight With China
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European stocks fell after U.S. President Donald Trump ramped up his rhetoric against China, while American jobless claims data added to concern about the impact of the pandemic.
The Stoxx Europe 600 Index dropped 0.8% at the close. The volume of trading was 17% lower than the 30-day average as Nordic and Swiss markets were closed for a holiday, while countries including France and Germany had a public holiday even as trading was open.