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European shares dip for first session in four

Published 03/09/2019, 08:19
Updated 03/09/2019, 08:20
© Reuters.  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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