LIVE MARKETS-Misery loves company: Dow joins European indexes with YTD loss

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters

stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your

thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net

MISERY LOVES COMPANY: DOW JOINS EUROPEAN INDEXES WITH YTD LOSS (0606 GMT)

The pan-European STOXX is no longer standing alone in negative territory for 2018: it has

been joined by the Dow Jones, which is now posting a year-to-date loss of 0.08 percent.

Wall Street closed lower on Tuesday as the escalation in the trade dispute between the

United States and China rattled markets.

One noticeable fact is that tech shares on both sides of the Atlantic (Shanghai: 600558.SS - news) remain clear winners

with the Nasdaq (Frankfurt: 813516 - news) and the European tech index comfortably up over 10 percent.

(Julien Ponthus)

*****

MORNING CALL: POSITIVE OPEN IN SIGHT (0528 GMT)

European shares are expected to open slightly higher this morning. The rise foreseen by

spreadbetters could nevertheless fall short of the kind of rebound one could expect after three

sessions in the red.

In China, the Shanghai Composite Index is back in positive territory, up 0.2 percent in

choppy trade, a day after falling 3.8 percent to a two-year low. MSCI (Frankfurt: 3HM.F - news) 's broadest index of

Asia-Pacific shares outside Japan rose more strongly, over 1 percent.

Financial spreadbetters expect London's FTSE to open 15 points higher, Frankfurt's DAX 5

points up and Paris' CAC to rise 13 points.

(Julien Ponthus)

*****