Pakistan said it had shot down two Indian jets in the disputed Kashmir region. The news dented earlier, Fed-driven gains in markets.
Global investors are jittery Wednesday as tensions between India and Pakistan continued to rise, with the upcoming summit between the US and North Korea providing further reason for caution.
Stocks in Asia had increased strongly, but pared their gains into the close, with Chinese stocks up around 0.4%. European stocks nursed losses in the first hour of trade., with the upcoming summit between the US and North Korea providing further reason for caution. The incidents between the two nuclear powers have helped create a nervy atmosphere in markets, with European stocks starting the day on the back foot, and Asian stocks paring gains seen earlier during their trading session.
France Dernières Nouvelles, France Actualités
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