Global Stocks Waver as Trade Talks Set to Resume

Just Eat shares jump 25%

LSE Group up over 13%

Crude oil prices weaken

Global stocks wavered to start the week as the U.S. and China were set to resume trade negotiations in Shanghai.

The Stoxx Europe 600 opened up 0.2% after a largely downbeat session in Asia. Hong Kong’s Hang Seng dipped 1.2%, and Korea’s Kospi fell 1.8%.

Shares in the U.K.’s Just Eat led European markets higher after the firm reached an agreement with Dutch food-delivery company

Takeaway.com

for an all-share merger.

London Stock Exchange Group

was up 13.4% after the company said Saturday it was in advanced talks to buy data provider Refinitiv.

Meanwhile,

Heineken

shares dropped 5.7% after it reported disappointing results early Monday morning.

A key meeting of the U.S. Federal Reserve is due later in the week where the central bank is widely expected to cut interest rates.

In commodities, Brent crude oil was down 0.7% to $62.97 a barrel after Iran rejected U.K. terms for resolving a continuing dispute over seized tankers.

Write to Avantika Chilkoti at Avantika.Chilkoti@wsj.com

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