European shares fell back on Friday as weak data from China rekindled anxiety over slowing growth and investors fretted ahead of Saturday's crucial G20 talks between US President Trump and China's Xi Jinping over trade. Car stocks and miners drag Europe down as weak China data and trade fears sap confidenceThe pan-European STOXX 600 opened marginally up but rapidly fell into the negative, down 0.3pc by 0825 GMT. China reported its weakest factory growth in more than two years on Friday, reigniting fears about growth ahead of crucial trade talks. Mining stocks fell 1pc after the weak data from the world's top metals consumer. Luxury stocks have been especially sensitive to signs of slowing growth in China, high-end brands' biggest market.
Source: Irish Independent November 30, 2018 09:00 UTC