Global stocks fell on the first day of trading in June, while oil prices slipped and haven assets gained as trade tensions between the US and China escalated. European stocks opened lower following losses in Asia, while markets on Wall Street were also set to decline. The composite Stoxx Europe 600 opened 0.7 per cent lower after shedding nearly 6 per cent in May. London’s FTSE 100 was down 0.8 per cent. Futures trading pointed to losses of 0.6 per cent for the S&P 500 when New York markets open. Over the weekend, China released a report on the state of US trade talks, criticising Washingto...