U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng pose during U.S.-China trade and economic talks at Santa Cruz Palace, Spain’s main foreign ministry office, in Madrid, Spain, September 14, 2025.
United States Treasury | Via Reuters
LONDON — European stocks moved lower at the open on Tuesday, as investors assessed developments in the U.S.-China trade talks.
The pan-European Stoxx 600 was around 0.1% lower by 8:10 a.m. in London (3:10 a.m. ET), with most sectors moving into negative territory. All major regional bourses posted losses, with France’s CAC 40 index and the Italian FTSE MIB both shedding around 0.4% in early trade.
Global markets are keeping a close eye on talks in Spain after U.S. President Donald Trump said the U.S.-China trade negotiations were progressing well.
The trade talks were overshadowed by a “framework” deal regarding the divestment of Chinese-owned TikTok announced by Treasury Secretary Scott Bessent Monday. Speaking from Madrid, Bessent noted that the commercial specifics of the arrangement have already been settled.
Both Trump and Chinese President Xi Jinping will speak on Friday to discuss the terms.
The U.K is meanwhile preparing for White House leader’s state visit. The U.S. president and his wife, Melania, arrive on Tuesday evening and will spend Wednesday at Windsor Castle with King Charles and Queen Camilla before holding talks with U.K. Prime Minister Keir Starmer on Thursday.
Overnight, Japan’s benchmark Nikkei 225 surpassed the 45,000 mark for the first time, leading gains in Asia-Pacific markets.
In the U.S., S&P 500 futures were flat on Monday night after the Senate confirmed Trump’s pick to join the Federal Reserve, Stephen Miran, just one day before the central bank meets to consider whether to cut interest rates.
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