DAILY TRADING STRATEGY

Wednesday, Dec 06

UK OVERVIEW
European stocks finished lower Tuesday, suffering their third loss in four sessions, with drops for Provident Financial PLC and tech shares weighing on the region’s main benchmark. The StoxxEurope 600 fell 0.2% to close at 386.74, giving back part of Monday’s rise of 0.9%. Germany’s DAX 30 index edged down by 0.1% to end at 13,048.54 after Monday’s surge of 1.5%, its biggest daily rise since Nov. 1. The euro traded at $1.1813, down from $1.1865 late Monday in New York. The tech sector was in focus after the group was beaten down during Monday’s U.S. trading session. The selloff in techs stretched into the Asian trading session and into European dealings. The moves came on the heels of this weekend’s passage in the U.S. Senate of the Republican-sponsored proposal for an overhaul in the tax code. The House and Senate now must agree on a single tax bill before it can be sent to President Donald Trump to sign into law. Investors were also keeping tabs on the Brexit process, with reports U.K. Prime Minister Theresa May will to Brussels to continue talking with European Union officials. On Monday, 

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