European Stock Selloff Eases, Though Banks Drag Indexes

The decline in European equities eases as most indexes fall only slightly in early trading, though investor unease over President Trump's Greenland threats persists.
The German DAX is the biggest early mover, down 0.4% as chemical giant Bayer falls 1.85%, with financial stocks also falling. In Milan, the FTSE MIB is down 0.2% as the banks that dominate the index fall en masse.
Banca Popolare di Sondrio falls 1.5%. Banks also drag Spain's IBEX 35, which falls 0.3%. In London, the FTSE 100 nudges up 0.05% as miners benefiting from booming precious metals prices continue to support the index.
Endeavour Mining gains 4.3%, while Burberry climbs 5.4% after reporting higher revenue. The French CAC 40 is flat, as a slight recovery in luxury stocks-- LVMH climbs 2.1%--is offset by falling banks.

Sumber : Dow Jones Newswires