India, Dec. 6 -- The European markets ended Thursday's session sharply lower, extending the losses from the previous two days. Falling crude oil prices and concerns over the trade tensions between the U.S. and China following the arrest of the chief financial officer of Huawei Technologies weighed on the markets.
Huawei CFO Meng Wanzhou was arrested in Canada on suspicion of violating U.S. trade sanctions against Iran and faces possible extradition to the U.S.
The development has added to uncertainty about whether the 90-day trade truce negotiated by President Donald Trump and Chinese President Xi Jinping will give the two sides enough time to reach a long-term deal.
The pan-European Stoxx Europe 600 index weakened 3.10 percent. The Euro...