LONDON, Dec 5 (Reuters) - European shares steadied after stellar gains on Wednesday, as mixed signals on a U.S.-China "phase-one" trade deal continued to discourage investors from making risky bets.
The pan-European STOXX 600 .STOXX rose 0.3% by 0814 GMT, mainly driven by bond proxy utilities, healthcare and real estate sectors.
The trade-sensitive German blue-chip index .GDAXI was flat.
"Back to 2019 and we are living in a pre-December 15th world where one headline or tweet on trade has the ability to turn a good day into a bad one and visa-versa," Deutsche Bank (DE: DBKGn ) strategist Jim Reid said. A further set of U.S. tariffs on Chinese goods is set to take effect on Dec. 15.
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