European Stoxx 600 down 3.3 per cent, while US stocks show signs of fatigue

US markets closed for Presidents’ Day holiday

Three lead US indices hit all-time highs as CRH surges on positive results

Deal will create one of the world’s largest carmakers

Under the proposal, shareholders of each company would own 50% of the combined entity

Irish banks give up some gains of recent days as AIB down 3.6% and BofI slides almost 1%

Smurfit Kappa rises 5 per cent, Dublin financials also buoyed

Ryanair advances despite Easyjet posting solid passenger growth in last six months

Investors concerned about China cutting additional support to economy

Dublin’s Iseq slips 0.2% to close at 6,021.15 as Bank of Ireland closes the session 2.3% off

In Dublin, the Iseq index edged 0.1 per cent higher to 5,976,91

Dublin market follows other bourses lower, with Kingpsan and Aryzta among the losers

Iseq edges up 0.2% as C&C fizzes on trading update and Kenmare also in demand

Trump says China to cut tariffs on US-made cars

Travel software developer Datalex climbs 1.7% after reporting strong profits

Smurfit Kappa and Providence Resources gain in Ireland while Ryanair reverses gains

Aryzta continues to regain some of the ground lost in recent weeks

PwC report says sector with the largest potential market is infrastructure at €42bn

Experts are calling for a rethink on immigration as worker numbers fall