Markets in Europe closed lower Monday after a bomb exploded on a metro in St Petersburg, Russia, killing at least 9 people and injuring
The FTSE 100 ended the day down 0.55 percent, the German DAX was down 0.45 percent, while the French CAC was lower by 0.71 percent.
U.S. equities also started the day lower as investors eyed trade and economic policies and looked ahead to new economic data. The Dow fell 100 points in early trading as financials dropped more than 1 percent.
The pan-European Stoxx 600 closed the day 0.49 percent lower Monday.
Chemicals stocks were among the best performers, up by 0.24 percent. This followed the news in Germany the chairman of the industrial gas group Linde is ready to use his voting powers to approve a $65 billion merger with the U.S. rival Praxair.
Meanwhile, banking stocks were down by 1.35 percent. Spain's Banco Popular said that internal audits showed the need for some adjustment in previous accounts. The bank also said the adjustments do not affect the statements in a "significant" way. Its shares were at the bottom of the European benchmark, down by 10.4 percent.
In the U.K., the government said it has cut its stake in Lloyd's Banking group to 1.97 percent. The government has recovered £20 billion of the £20.3 billion that taxpayers paid to rescue the bank in the financial crisis. Its shares were marginally higher.
Also in the U.K., Reckitt Benckiser, the British consumer goods firm, is looking
"French's Food is a truly fantastic business with great brands, people and a history of outperformance. It is nevertheless
The luxury fashion brand Burberry announced Monday that it is teaming up with Coty, one of the world's leading beauty companies, to grow its presence in the global beauty market. Its shares moved 0.75 percent higher.
Data released Monday morning showed manufacturing activity slowing down in the U.K. Purchasing managers index for the manufacturing sector reached 54.2 in March, down from 54.5 in the previous month. This was the weakest activity in eight months. The news sent sterling lower against the dollar and the euro. It slipped to $1.2505 from $1.2534 earlier in the day.
In the euro zone, new unemployment data showed the rate falling to 9.5 percent in February from 9.6 percent in January.
On Monday's calendar is also the start of a new round of trade talks between the EU and Mexico. IMF (International Monetary Fund) Managing Director Christine Lagarde is due to speak at the American Enterprise Institute. The Fund is due to discuss the situation in Ukraine also on Monday.
President Donald Trump told the Financial Times Sunday that he is ready to take unilateral action to put an end to the nuclear threats from North Korea. This comes as the new U.S. administration is set to receive Chinese officials later this week.