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European markets mixed amid US-China trade developments; Pandora down 12% after earnings

“European markets traded mixed on Tuesday morning as investors await updates on a potential U.S.-China trade deal and monitor economic developments” writes Chloe Taylor for cnbc.com. The pan-European Stoxx 600 hovered below the flatline in early trade, with chemicals stocks jumping out to 0.5% gains while telecoms fell 0.7% to lead losses.Chinese leader Xi Jinping, delivering an address at the China International Import Expo on Tuesday, called for international tensions to be resolved through discussion, urging the removal of global trade barriers. On Monday, PMI data from IHS Markit showed that the euro zone’s manufacturing sector continued to contract during October.
 
Source: cnbc.com



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