European Shares Fall on Economic Outlook; China Boost Fades

European Shares Fall on Economic Outlook; China Boost Fades
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on March 7, 2023. Brendan McDermid/Reuters
|Updated:
0:00

LONDON—European shares faltered on Tuesday, failing to keep up positive momentum that lifted Asian stocks earlier in the session, as investors focused on concerns about the economic outlook for Europe and the United States.

Asian shares received a boost from Chinese Premier Li Qiang saying Beijing will roll out policies to boost China’s economy.