The market-European major stock markets closed narrow range on Monday (14 / 9) local time, as investors consolidated recent increase in these and their drivers waited for the next lead on the economic prospects are usually vulnerable during September.

Dealers said the market for over a variety of Wall Street firm in late European trading, showed that early decline was excessive.

There is some anxiety, they said, because the Sino-US trade dispute on China’s tire exports to the United States threatened to change the view of the importance of both countries to global economic health.

At the same time, the underlying positive tone, with the confidence of investors has changed in the recession. “Recovery of the afternoon did not come as a surprise – it’s still a market that has many positive sentiments, which are too ready to take the higher rights than weakness,” said Phillip Gillet from IG Index in London.

Dealers said the market was waiting to hear what U.S. President Barack Obama said at a later date about the financial sector reforms and regulations regarding the first anniversary of the collapse of Lehman Brothers lurking in the background.

On 15 September 2008 collapse of giant U.S. investment banks triggered a massive collapse in the markets, which in turn pushed the global economy into the worst downturn since the 1930s.

In London, the FTSE 100 index of leading shares rose 0.15 percent to 5018.85 points. In Paris the CAC 40 fell 0.11 percent to 3730.61 points and in Frankfurt the DAX fell 0.07 percent in only 5620.24 points.

On Wall Street, the blue-chip Dow Jones Industrial Average rose 0.25 percent at around 1545 GMT.

A “normal pause after a strong that the market saw more of last week,” said Bob Dickey at RBC Wealth Management. “We are watching for clues on how much of a consolidation that will happen,” he said, putting every reversal in a few percentage points.

Dealers said news that China complained to the World Trade Organization against the Washington ban on tariffs caused some anxiety on fears that could rise. “The prospect of a trade war with China has made traders very nervous,” said Joseph Hargett of Schaeffer’s Investment Research.

“What we saw today was a pure action took profit (profit taking),” said analyst Joshua Raymond of City Index.

Elsewhere in Europe, Amsterdam down 0.36 percent, Brussels fell 0.83 percent, Madrid rose 0.35 percent, Milan slipped 0.04 percent and shares of Swiss shares fell 0.12 percent. “The traders fear that the recent rally was exaggerated,” said analyst David Evans of BetOnMarkets.

“With no economic news (on Monday) … traders tend to lock the profit and wait until the data started to support this rally,” added Evans.

Earlier in Asian trade, Tokyo plummeted 2.32 percent as investors complain about a stronger yen, which is bad for exporters. Hong Kong lost 1.08 percent and Sydney fell 1.41 percent.

But in China, Shanghai rose 1.24 percent, still supported by the figures that a strong economy and the news last week that the regulator will begin reviewing the Nasdaq board of recording a new style, dealers said.