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European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation

Markets Now DAI.XE HSBA.LN RCO.FR TEF.MC VMUK.LN VOW3.XE British pound GBPUSD Telefónica Telefonica Virgin Money U.K. Daimler HSBC Holdings HSBC Holdings Virgin Money Rémy Cointreau Rémy Cointreau Volkswagen Volkswagen Donald Trump Boris Johnson Asia Pacific Asia BRICS Countries China Greater China Emerging Market Countries Developing Economies Eastern Asia Europe North America United States Equity Markets Commodity/Financial Market News Content Types Factiva Filters C&E Exclusion Filter IWE Filter Routine Market/Financial News 0005.HK HSBA.LN HSBC N/DJN N/MKT N/STK N/WER R/ASI R/CH R/EU R/FE R/FEO R/NME R/US RCO.FR REMYY TEF TEF.MC VOW.XE VOW3.XE Barrons.com Barrons Blogs Wires DX:DAX FR:PX1 French CAC 40 FTSE 100 German DAX Stoxx Europe 600 UK:UKX XX:SXXP CODES_REVIEWED barrons_display_brand BARMKTNOW barrons_display_brand|BARMKTNOW codetype BARRONS_DISPLAY_BRAND canbedisplaybrand true value BARMKTNOW source MANUAL status modified name Markets Now code BARMKTNOW co comtn co|comtn fullextractedtext Telefónica country US symbol TEF.MC ticker TEF.MC displayname Telefonica confidence 93 why occur extractedtext Telefónica source FACTIVA subcat com relevance 18 seoname telefonica significance passing onlinesignificance passing-mention name Telefónica confidencerange high relevancerange low exchangeisocode XNYS chartingsymbol STOCK/US/XNYS/TEF fcode comtn codetype co code comtn co hksbc co|hksbc country US symbol HSBA.LN displayname HSBC Holdings why occur extractedtext HSBC Holdings source FACTIVA seoname hsbc_holdings countrycode US relevancerange low chartingsymbol STOCK/US/XNYS/HSBC fcode hksbc fullextractedtext HSBC Holdings ticker HSBC confidence 100 subcat com relevance 28 significance passing onlinesignificance passing-mention name HSBC Holdings confidencerange high exchange NYSE exchangeisocode XNYS codetype co code hksbc co remass co|remass fullextractedtext Rémy Cointreau country FR symbol RCO.FR ticker FR:RCO displayname Remy Cointreau confidence 100 why occur extractedtext Rémy Cointreau source FACTIVA subcat com relevance 25 seoname remy_cointreau significance passing onlinesignificance passing-mention countrycode FR name Rémy Cointreau confidencerange high relevancerange low exchangeisocode XPAR chartingsymbol STOCK/FR/XPAR/RCO fcode remass codetype co code remass co vlkwag co|vlkwag fullextractedtext Volkswagen country XE symbol VOW3.XE ticker VOW.XE displayname Volkswagen confidence 100 why occur extractedtext Volkswagen source FACTIVA subcat com relevance 26 seoname volkswagen_ag_non_vtg_pfd significance passing onlinesignificance passing-mention name Volkswagen confidencerange high relevancerange low exchangeisocode XETR chartingsymbol STOCK/XE/XETR/VOW3 fcode vlkwag codetype co code vlkwag co nrbs co|nrbs fullextractedtext Virgin Money displayname Virgin Money confidence 100 extractedtext Virgin Money source FACTIVA subcat com relevance 1 name Virgin Money confidencerange high relevancerange verylow fcode nrbs codetype co code nrbs co HKSBC co|HKSBC symbol HSBA.LN country US codetype co displayname HSBC Holdings extractedtext HSBC Holdings source MANUAL code hsbc name HSBC Holdings significance prominent onlinesignificance passing-mention exchange U.S.: NYSE exchangeisocode XNYS chartingsymbol STOCK/US/XNYS/HSBC fcode HKSBC status modified co VLKWAG co|VLKWAG symbol VOW3.XE country XE codetype co displayname Volkswagen extractedtext Volkswagen source MANUAL code xe_vow name Volkswagen significance prominent onlinesignificance passing-mention exchange Germany: Xetra exchangeisocode XETR chartingsymbol STOCK/XE/XETR/VOW fcode VLKWAG status modified co DAMB co|DAMB symbol DAI.XE country XE codetype co displayname Daimler extractedtext Daimler source MANUAL code xe_dai name Daimler significance prominent onlinesignificance passing-mention exchange Germany: Xetra exchangeisocode XETR chartingsymbol STOCK/XE/XETR/DAI fcode DAMB status modified co COMTN co|COMTN symbol TEF.MC country ES codetype co displayname Telefonica S.A. extractedtext Telefonica source MANUAL code es_tef name Telefonica significance prominent onlinesignificance passing-mention exchange Spain: Madrid exchangeisocode MABX chartingsymbol STOCK/ES/MABX/TEF fcode COMTN status modified co CYBGW co|CYBGW symbol VMUK.LN country UK codetype co displayname Virgin Money UK extractedtext Virgin Money U.K. source MANUAL code uk_vmuk name Virgin Money U.K. significance prominent onlinesignificance passing-mention exchange U.K.: London exchangeisocode XLON chartingsymbol STOCK/UK/XLON/VMUK fcode CYBGW status modified co REMASS co|REMASS symbol RCO.FR country FR codetype co displayname Remy Cointreau S.A. extractedtext Rémy Cointreau source MANUAL code fr_rco name Rémy Cointreau significance prominent onlinesignificance passing-mention exchange France: Euronext Paris exchangeisocode XPAR chartingsymbol STOCK/FR/XPAR/RCO fcode REMASS status modified company HSBA.LN company|HSBA.LN name HSBC Holdings significance PASSING-MENTION company DAI.XE company|DAI.XE name Daimler significance PASSING-MENTION company VOW3.XE company|VOW3.XE name Volkswagen significance PASSING-MENTION company RCO.FR company|RCO.FR name Rémy Cointreau significance PASSING-MENTION company VMUK.LN company|VMUK.LN name Virgin Money U.K. significance PASSING-MENTION company TEF.MC company|TEF.MC name Telefónica significance PASSING-MENTION currency British pound currency|British pound symbol GBPUSD country US codetype currency displayname British Pound extractedtext British pound source MANUAL code gbpusd name British pound significance prominent onlinesignificance passing-mention chartingsymbol CURRENCY/US/XTUP/GBPUSD status modified djn TEF djn|TEF significance passing onlinesignificance passing-mention name TEF why occur source FACTIVA fcode TEF codetype djn code tef djn TEF.MC djn|TEF.MC significance passing onlinesignificance passing-mention name TEF.MC why occur source FACTIVA fcode TEF.MC codetype djn code tef_mc djn 0005.HK djn|0005.HK significance passing onlinesignificance passing-mention name 0005.HK why occur source FACTIVA fcode 0005.HK codetype djn code 0005_hk djn HSBA.LN djn|HSBA.LN significance passing onlinesignificance passing-mention name HSBA.LN why occur source FACTIVA fcode HSBA.LN codetype djn code hsba_ln djn HSBC djn|HSBC significance passing onlinesignificance passing-mention name HSBC why occur source FACTIVA fcode HSBC codetype djn code hsbc djn RCO.FR djn|RCO.FR significance passing onlinesignificance passing-mention name RCO.FR why occur source FACTIVA fcode RCO.FR codetype djn code rco_fr djn REMYY djn|REMYY significance passing onlinesignificance passing-mention name REMYY why occur source FACTIVA fcode REMYY codetype djn code remyy djn VOW.XE djn|VOW.XE significance passing onlinesignificance passing-mention name VOW.XE why occur source FACTIVA fcode VOW.XE codetype djn code vow_xe djn VOW3.XE djn|VOW3.XE significance passing onlinesignificance passing-mention name VOW3.XE why occur source FACTIVA fcode VOW3.XE codetype djn code vow3_xe djn N/MKT djn|N/MKT significance prominent onlinesignificance prominent name N/MKT why about source FACTIVA fcode N/MKT codetype djn code n_mkt djn N/STK djn|N/STK significance prominent onlinesignificance prominent name N/STK why about source FACTIVA fcode N/STK codetype djn code n_stk djn R/CH djn|R/CH significance prominent onlinesignificance prominent name R/CH why about source FACTIVA fcode R/CH codetype djn code r_ch djn R/US djn|R/US significance prominent onlinesignificance prominent name R/US why about source FACTIVA fcode R/US codetype djn code r_us djn R/EU djn|R/EU significance prominent onlinesignificance prominent name R/EU why about source FACTIVA fcode R/EU codetype djn code r_eu djn R/ASI djn|R/ASI name R/ASI why lineage source FACTIVA fcode R/ASI codetype djn code r_asi djn R/FE djn|R/FE name R/FE why lineage source FACTIVA fcode R/FE codetype djn code r_fe djn R/FEO djn|R/FEO name R/FEO why lineage source FACTIVA fcode R/FEO codetype djn code r_feo djn R/NME djn|R/NME name R/NME why lineage source FACTIVA fcode R/NME codetype djn code r_nme djn N/DJN djn|N/DJN codetype djn value N/DJN source DJN-CONTROL status modified inactivebydefault true name N/DJN code n_djn djn N/WER djn|N/WER codetype djn value N/WER source DJN-CONTROL status modified inactivebydefault true name N/WER code n_wer first_publish_headline European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation first_publish_headline|European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation flow NWREGULAR flow|NWREGULAR codetype FLOW value NWREGULAR source MANUAL status modified name Wires code NWREGULAR flow Barrons.com flow|Barrons.com codetype FLOW value Barrons.com source MANUAL status modified name Barrons.com code online name Online title Product code Barrons.com flow Barrons Blogs flow|Barrons Blogs codetype FLOW value Barrons Blogs title Product source MANUAL status modified name Barrons Blogs code Barrons_Blogs headline European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation headline|European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation index Stoxx Europe 600 index|Stoxx Europe 600 symbol XX:SXXP country XX codetype index displayname STOXX Europe 600 Index extractedtext Stoxx Europe 600 source MANUAL code xx_sxxp name Stoxx Europe 600 significance prominent onlinesignificance passing-mention exchange STOXX exchangeisocode XSTX chartingsymbol INDEX/XX/XSTX/SXXP status modified index German DAX index|German DAX symbol DX:DAX country DX codetype index displayname DAX extractedtext German DAX source MANUAL code dx_dax name German DAX significance prominent onlinesignificance prominent exchange Xetra Indices exchangeisocode XETR chartingsymbol INDEX/DX/XETR/DAX status modified index FTSE 100 index|FTSE 100 symbol UK:UKX country UK codetype index displayname FTSE 100 Index extractedtext FTSE 100 source MANUAL code uk_ukx name FTSE 100 significance prominent onlinesignificance prominent exchange FTSE UK exchangeisocode FTSE UK chartingsymbol INDEX/UK/FTSE UK/UKX status modified index French CAC 40 index|French CAC 40 symbol FR:PX1 country FR codetype index displayname CAC 40 Index extractedtext French CAC 40 source MANUAL code fr_px1 name French CAC 40 significance prominent onlinesignificance prominent exchange France: Euronext Paris exchangeisocode XPAR chartingsymbol INDEX/FR/XPAR/PX1 status modified media media-16 media|media-16 responsive layout wrap media media-1 media|media-1 media media-2 media|media-2 media media-3 media|media-3 media media-4 media|media-4 media media-5 media|media-5 media media-6 media|media-6 media media-7 media|media-7 media media-8 media|media-8 media media-9 media|media-9 media media-10 media|media-10 media media-11 media|media-11 media media-12 media|media-12 media media-13 media|media-13 media media-14 media|media-14 media media-15 media|media-15 ns mcat ns|mcat significance prominent onlinesignificance prominent name Commodity/Financial Market News why about source FACTIVA fcode mcat codetype ns code mcat ns m11 ns|m11 significance prominent onlinesignificance prominent name Equity Markets why about source FACTIVA fcode m11 codetype ns code m11 ns nrmf ns|nrmf significance prominent onlinesignificance prominent name Routine Market/Financial News why about source FACTIVA fcode nrmf codetype ns code nrmf ns ncat ns|ncat name Content Types why lineage source FACTIVA internalsymbol true fcode ncat codetype ns code ncat ns nfact ns|nfact name Factiva Filters why lineage source FACTIVA internalsymbol true fcode nfact codetype ns code nfact ns nfce ns|nfce name C&E Exclusion Filter why lineage source FACTIVA internalsymbol true fcode nfce codetype ns code nfce ns niwe ns|niwe name IWE Filter why lineage source FACTIVA internalsymbol true fcode niwe codetype ns code niwe nwchain SB505336665729998540562045860451537607198901 nwchain|SB505336665729998540562045860451537607198901 pe 509246 pe|509246 visible 1 displayname Donald Trump confidence 90 why occur extractedtext Donald Trump source FACTIVA title President and chief executive officer relevance 50 seoname donald-trump significance passing topicid 159 onlinesignificance passing-mention name Donald Trump confidencerange high topicname Donald Trump relevancerange low fcode 509246 codetype pe code 509246 nameformat surname_first pe 79578819 pe|79578819 lastname Johnson displayname Johnson, Boris confidence 90 why occur extractedtext Boris Johnson source FACTIVA relevance 47 significance passing firstname Boris onlinesignificance passing-mention name Boris Johnson confidencerange high relevancerange low fcode 79578819 codetype pe code 79578819 nameformat surname_first re china re|china significance prominent onlinesignificance prominent name China why about source FACTIVA subcat cntry fcode china codetype re code china re chinaz re|chinaz significance prominent onlinesignificance prominent name Greater China why about source FACTIVA subcat sc fcode chinaz codetype re code chinaz re usa re|usa significance prominent onlinesignificance prominent name United States why about source FACTIVA subcat cntry fcode usa codetype re code usa re eurz re|eurz significance prominent onlinesignificance prominent name Europe why about source FACTIVA subcat snr fcode eurz codetype re code eurz re apacz re|apacz name Asia Pacific why lineage source FACTIVA subcat snr fcode apacz codetype re code apacz re asiaz re|asiaz name Asia why lineage source FACTIVA subcat snr fcode asiaz codetype re code asiaz re bric re|bric name BRICS Countries why lineage source FACTIVA subcat eco fcode bric codetype re code bric re devgcoz re|devgcoz name Emerging Market Countries why lineage source FACTIVA subcat eco fcode devgcoz codetype re code devgcoz re dvpcoz re|dvpcoz name Developing Economies why lineage source FACTIVA subcat eco fcode dvpcoz codetype re code dvpcoz re easiaz re|easiaz name Eastern Asia why lineage source FACTIVA subcat sc fcode easiaz codetype re code easiaz re namz re|namz name North America why lineage source FACTIVA subcat snr fcode namz codetype re code namz relay SYND relay|SYND name Syndication source EXPANDER value SYND codetype RELAY code synd status modified statistic CODES_REVIEWED statistic|CODES_REVIEWED name CODES_REVIEWED value CODES_REVIEWED codetype STATISTIC code CODES_REVIEWED subject OEMK subject|OEMK description 04|Markets|Europe Mkts News source EXPANDER value OEMK codetype SUBJECT code oemk subject OAMK subject|OAMK description 04|Markets|Asia Mkts News source EXPANDER value OAMK codetype SUBJECT code oamk wordcount 475 wordcount|475 id facebook id|facebook news_tab_url https://www.barrons.com/articles/european-stocks-are-lower-and-u-s-china-tensions-are-to-blame-51574938009 Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images Getty Images European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation European Stocks Are Lower And U.S.-China Tensions Are To Blame

European stocks are weaker in holiday-thinned trading. Fresh signs of tensions between the U.S. and China are making investors angry. European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation

European markets are slipping as investors fret that U.S.-China trade talks could become troubled after China reacted angrily to legislation supporting Hong Kong protesters in Washington. https://www.marketwatch.com/story/sterling-rises-as-yougov-poll-shows-conservatives-will-win-big-majority-in-coming-election-2019-11-28?mod=mw_latestnews https://www.marketwatch.com/story/trump-defies-china-signs-bills-supporting-hong-kong-protesters-2019-11-27?mod=home-page European Stocks Are Falling Because China Is Angry At the U.S. Over Hong Kong Legislation By Barbara Kollmeyer Getty Images

European stocks fell in holiday-thinned trading on Thursday, with investors rattled by fresh signs of tensions between the U.S. and China.

The Stoxx Europe 600 slipped 0.2% to 408.82, after logging a new 52-week high on Wednesday, with a gain of 0.3%.

The German DAX fell 0.3% and the French CAC 40 lost 0.3%. The U.K. FTSE 100 dropped 0.5% as the British pound rose after a YouGov poll for the Times showed Prime Minister Boris Johnson’s Conservative Party will win the December 12 election with a comfortable majority.

European stocks slipped and U.S. stock futures were pointing to losses as China threatened unspecified retaliation after President Donald Trump signed a bill supporting Hong Kong protesters on Wednesday.

China’s angry reaction has cast some doubt on the possibility of the two sides reaching a phase one agreement in time for the next round of U.S. tariffs to hit China on December 15.

Banks led the declines in Europe, with shares of HSBC Holdings down 0.9%, while trade-sensitive autos such as Daimler and Volkswagen fell under 1% each.

French drinks maker Rémy Cointreau fell after first-half results missed already lowered market expectations.

Virgin Money U.K. soared 13% after the financial services group results came in slightly better than expected.

Telefónica gained 1.2% after the Spanish telecoms group announced a major restructuring, which it said will generate more than 2 billion euros ($2.2 billion) in additional revenues by 2022.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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