07.03.2018 - 11:43 [ marketwatch.com ]

European stocks lose ground after Cohn leaves White House role

Stocks across Europe fell Wednesday, as shares of metal producers were hit the hardest 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.