European shares slip as COVID surge in China weighs
After a brief jump this week, global markets are nervous about Beijing's move to further relax COVID curbs as surging infections in China dimmed hopes of a swift recovery in the world's second-largest economy.China-exposed luxury firms such as LVMH and Richemont weighed on the European index in early trading.Energy stocks fell 0.6%, while miners dipped 0.3%, tracking weakness in commodity prices.