European markets were lower today, with the Spanish Ibex Index dropping 0.2%, STOXX Europe 600
Index falling 0.3% and German DAX 30 index dropping 0.4%.
After reports of the German economy shrinking in the second quarter, the Stoxx Europe 600
fell 1.7%, while the German DAX dropped 2.2%.
The Stoxx Europe 600
Index finished modestly higher, with real estate firms and banks lifting the gauge.
The Huawei hiatus pushed Europe's tech index Stoxx Europe 600
to a oneyear high.
Meanwhile, European markets saw a positive drop of 2.4 percent last August, according to the STOXX Europe 600
But so far this year, the benchmark Stoxx Europe 600
index is down 0.7 per cent compared to the S&P 500's gain of 4.9 per cent, due to perceptions about the effects of US tariffs, as well as political volatility in Italy, Spain and the UK.
European equities continued their winning streak, with the Stoxx Europe 600
closing the month up 1.8% despite news of Catalonia's declaration of independence.
The STOXX Europe 600
Banking index fell 2.3 percent, as Deutsche Bank shares touched a record low.
A team, led by Christian Mueller-Glissmann, expects the S&P 500 and the STOXX Europe 600
to fall roughly 10 percent over the next three months.
The benchmark DJ Stoxx Europe 600
index increased 1.30% while in Germany the DAX was 1.60% higher and in France the CAC 40 increased by 1.78%.