Novo Nordisk shares fall 5.5% after latest trial results for its next-generation weight loss drug

While some banks are bearish, and expect a decline, others are forecasting high single digit gains for the Stoxx Europe 600 index.

Trump administration announced a “trade deal” with China following negotiations over the weekend in Switzerland.

Investors and strategists warn that the tariffs could hurt economic growth, but some said Trump’s move may be a “negotiation tactic.”