-Chinese trade tension following Wall Street gains on unexpectedly strong USA employment data.
LONDON: Britain's top share index lagged other European markets on Monday due to weak energy stocks and dollar earners, with GKN also falling after it rejected a final offer from Melrose.
The Dow Jones Industrial Average dropped 124 points, or 0.5%, to 25211.
Goldman Sachs gained 1.1 per cent after announcing that co-president Harvey Schwartz would retire, leaving David Solomon the sole president and next in line to become the investment bank's next chief executive.
Report reveals Bay Area city topped list for happiest city in America
The three lowest-rated places are Huntington, W.Va., Birmingham, Ala., and Detroit. So this that criteria, where does Shreveport rank? The report listed 182 cities.
Even with the session's losses, the S&P 500 is just 3.1 per cent below record highs hit on January 26, while the Nasdaq has recovered its losses from last month's sell-off.
In Europe, Germany's DAX rose 0.4 percent to 12,389 while France's CAC 40 added 0.1 percent to 5,277. The S&P 500 technology sector gained 0.31% for the day.
The advances followed a near two per cent gain for the main indexes on Friday after data showed sluggish wage growth in February, easing concerns about the Federal Reserve moving too fast on interest rate hikes.
Wall Street's main indexes closed up almost 2 percent on Friday after data showed USA job additions in February grew by a strong clip but wage growth was sluggish. China's commerce minister, Zhong Shan, said Beijing wants to resolve disputes with Washington through negotiations but vowed to defend Chinese interests. Anxiety in markets has been fueled by the departure of economic adviser Gary Cohn, an opponent of import controls. The S&P 500 was down 3.55 points, or 0.13 percent, to 2,783.02.
Nintendo Switch Parental Controls App Hints at Console Firmware Update
If the speculations are right then Nintendo might be preparing to roll out Nintendo Switch firmware Update 5.0.0 in near future. Many Nintendo Switch owners have been speculating what the newest System Firmware 5.0.0 could bring to the console.
The US Treasury said in a letter to Singapore-based Broadcom that it had confirmed national security concerns about the bid and that the company had not given sufficient notice of its plans to redomicile in the United States. -South Korean military exercises. Treasury Secretary Steven Mnuchin said Trump would "see if he can cut a deal" over the North's nuclear program.
ENERGY: Benchmark U.S. crude lost 61 cents to $61.44 per barrel in electronic trading on the New York Mercantile Exchange while Brent crude, used to price worldwide oils, shed 56 cents to $64.93 per barrel. The contract jumped $1.92 on Friday to close at $62.04.
The Russell 2000 is up 65.55 points, or 4.3 per cent. The euro rose to $1.2330 from $1.2306.
Apple (NASDAQ:AAPL) Upgraded by BidaskClub to Hold
It turned negative, as 53 investors sold FB shares while 618 reduced holdings. 116 funds opened positions while 640 raised stakes. Apple accounts for about 1.1% of Brown Advisory Inc.'s holdings, making the stock its 26th biggest holding.