[size=36]Daimler's profit warning puts pressure on Europe stocks and attention on the G20 summit[/size]
fell European stocks in early trading on Monday by a profit warning from the German Daimler - producing Mercedes - Benz cars, while investors awaited the Group of Twenty scheduled this week 's summit, which brings together the leaders of the United States and China after a long stalemate in the talks Between the two sides.
Shares in Daimler fell 3 percent after it lowered its 2019 profit forecast on Sunday and raised provisions for diesel-related issues by hundreds of millions of euros.
That caused a number of shares to drop and the German DAX, the index of car makers, was down 0.1 percent. The Stoxx 600 European index fell 0.2 percent by 0706 GMT.
The rise in oil prices helped the energy sector index outperform the main index by 0.5 percent after US Secretary of State Mike Pompeo said that "significant" sanctions were to be announced on Monday.
US President Donald Trump said on Sunday he was not seeking war, after a senior Iranian military commander warned that any conflict that would erupt in the Gulf could expand beyond control and threaten the lives of US soldiers.