Europe Markets: European stocks lose ground after Cohn leaves White House role

Stocks across Europe finished with gains Wednesday, though shares of metal producers were hit after the resignation of White House economic adviser Gary Cohn.

The former Goldman Sachs executive was widely seen as a markets-friendly and stabilizing force in the Trump administration and his departure further stokes worries about the likelihood of a global trade war.

How markets are moving

The Stoxx Europe 600 index SXXP, +0.36% rose 0.4% to end at 372.71, bouncing back from a morning loss and building on Tuesday’s gain of 0.1%.

Germany’s DAX 30 index DAX, +1.09% jumped 1.1% to 12,245.36, and France’s CAC 40 index PX1, +0.34% tacked on 0.3% to 5,187.83.

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