MARKET NEWS UPDATE BY FORTUNE

Euro stocks fell and U.S. equity futures signaled a weaker open after the world’s top finance chiefs warned trade tensions could threaten global growth. Travel companies were the biggest losers in the Stoxx Europe 600 Index, with Ryanair posting a 20% drop in first quarter profit.

Elsewhere:
– Oil traded near $68 alongside concern the escalating trade war will undercut energy demand
– In India, stocks rose after PM Narenda Modi slashed taxes on a range of products and also won a no-confidence vote in the parliament

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