Meanwhile, French advertising group Publicis’ shares rose after news of a $4.4 billion takeover of marketing and data company Epsilon. The firm also released first-quarter results, reporting a rise in revenue and confirming its outlook for 2019. The stock was up 1.5%.
On the other end, Nokia dropped almost 4% following a downgrade from Goldman Sachs. Analysts at the bank said the Finnish telecommunications firm was faces downside risks amid increasing competition from Ericsson and Samsung.
European bank shares initially got a boost amid anticipation of the early quarterly results, but later pared gains.
He said Saturday that a U.S.-China trade deal would go “way beyond” previous agreements between the two nations, and that the two sides were “close to the final round” of negotiations, Reuters reported.