Germany39;s Brenntag down after Q3 profit miss
UK39;s Drax up on upbeat annual profit forecast
UK regular pay grows at slowest pace in two years
STOXX 600 down 0.8

Nov 12 Reuters European shares slipped on Tuesday, with Chinaexposed heavyweight stocks amongst top decliners on worries that Donald Trump would likely bring in a China hawk as the top U.S. diplomat, while some downbeat earnings compounded losses.

The panEuropean STOXX 600 shed 0.8, with most subsectors falling. The benchmark had risen more than 1 in the last session.

European equities have been under stress as investors assessed the likelihood of tariff increases after Trump39;s sweeping victory last week.

There39;s an underlying sense of nervousness from investors about what the coming fouryears holds for European companies, said Dan BoardmanWeston, CEO and CIO at BRI Wealth Management.

Chinarelated assets struggled globally as U.S. presidentelect Trump is expected to tap U.S. Senator Marco Rubio to be his secretary of state.

Rubio was arguably the most hawkish option on Trump39;s shortlist for secretary of state, and he has in past years advocated for a muscular foreign policy with respect to America39;s geopolitical foes, including China.

Basic resources dipped 1.9 as most metal prices fell, while personal and household goods, which houses heavyweight Chinaexposed luxury firms, dropped 1.6.

Among earningsdriven losses, Brenntag eased 9.4 to a near 23month low after the German chemicals…