European Shares Slide Before Trump's Tariff Announcement

RTTNews | hace 68
European Shares Slide Before Trump's Tariff Announcement

(RTTNews) - European stocks declined on Wednesday ahead of reciprocal tariffs announcement from the U.S. later in the day.

The new tariff rates will take effect immediately after they are announced by U.S. President Donald Trump at 2000 GMT.

The pan European STOXX 600 was down 0.8 percent at 535.34 after climbing 1.1 percent on Tuesday.

The German DAX fell 1.2 percent, France's CAC 40 shed 0.6 percent and the U.K.'s FTSE 100 was down 0.4 percent.

Nordex SE rallied 2.2 percent. The wind turbine manufacturer announced that it has received two orders totaling 750 MW from a wind energy project developer in Türkiye.

Fuchs SE, a German manufacturer of lubricants and related specialty products, fell 1 percent after acquiring U.S.-based IRMCO Advanced Metalforming Lubricant Technologies for an undisclosed sum.

Grafton Group shares were down 1 percent. The distributor of building materials said that it has agreed to acquire HSS Hire Ireland Ltd. from HSS Hire Group for 31.6 million euros on a cash and debt free basis.

Svitzer shares soared 31 percent after Denmark's AP Moller Holding proposed an all-cash deal to acquire the remaining shares of the towage and marine service provider.

read more
Canadian Market Up Marginally In Cautious Trade

Canadian Market Up Marginally In Cautious Trade

After a flat start and a subsequent drop to lower levels, the Canadian market emerged into positive territory about an hour past noon on Monday, but remains somewhat subdued with investors seeming reluctant to make significant moves. The mood is cautious as investors await U.S. - China trade talks in London.
RTTNews | hace 3h 16min
European Stocks Close Weak After Cautious Session

European Stocks Close Weak After Cautious Session

European markets settled lower on Monday after a subdued performance as investors awaited the outcome of U.S.-China high-level trade talks in London. Also, a lack of regional economic data and earnings news contributed to the cautious mood in the markets.
RTTNews | hace 3h 44min
FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
RTTNews | hace 7h 30min
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices.. The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.
RTTNews | hace 9h 22min
FTSE 100 Down Marginally At Noon

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.
RTTNews | hace 10h 34min
CAC 40 Down Slightly In Lackluster Trade

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
RTTNews | hace 10h 55min
DAX Down Over 0.5% In Cautious Trade

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
RTTNews | hace 11h 16min