Image: iStock

As growing trade tensions between Washington and Beijing reduced investors’ appetite for risk, global stocks dropped at the start of the week.

The Stoxx Europe 600 was 0.8% lower in early European trade, pulled down by stocks in Germany and France. This was mirrored in a similarly downbeat session in Asia.

Futures pointed to opening losses of 0.5% for the S&P 500 and the Dow Jones Industrial Average fell 0.6%.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now.