Europe close: Bounce in stocks fades as traders watch trade headlines

Stocks staged a small bounce as investors waxed hopeful that the worst scenarios would be averted on the international trade front. Key in that regard, in an interview Goldman Sachs chief executive officer, Lloyd Blankfein, told Bloomberg News he believed the White House's tariff threats were a "bargaining strategy". "That's what you'd do if it was a negotiating position and you wanted to remind your negotiating counter-party of how much firepower you have [...] I don't think we're in a suicide ...

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