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European shares dip for first session in four

Published 09/03/2019, 03:19 PM
Updated 09/03/2019, 03:20 PM
European shares dip for first session in four
UK100
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FERG
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STOXX
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(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
Sept 3 (Reuters) - European shares fell for the first time
in four sessions on Tuesday, as uncertainty over Britain's
chaotic exit from the European Union and continuing trade
tensions between the United States and China weighed on
sentiment.
British lawmakers will decide on Tuesday whether to move
Britain one step closer to a snap election when they vote on the
first stage of their plan to block Prime Minister Boris Johnson
from pursuing a no-deal Brexit. That sent the pound down to its lowest since January 2017,
helping the export-laden blue chip index .FTSE outperform
other European markets with a 0.14% rise.
The pan-European STOXX 600 index .STOXX , however, was down
0.26% by 0715 GMT.
Washington and Beijing are struggling to schedule a meeting
this month to renew trade talks after Washington rejected
Beijing's request to delay tariffs that took effect over the
weekend, Bloomberg reported on Monday. Ferguson FERG.L jumped 3.8% and was the biggest gainer on
the STOXX 600, after the British plumbing products company said
it will separate its UK operations to focus on its North
American business and that Chief Executive John Martin will step
down in November.

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