European Shares Slide Before Trump's Tariff Announcement

RTTNews | 69 дней спустя
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
TSX Up Marginally; Energy Stocks Rise

TSX Up Marginally; Energy Stocks Rise

After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors. Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.
RTTNews | 40 минут назад
U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.
RTTNews | 1ч 16мин назад
Eurozone Investor Confidence Strongest In A Year: Sentix

Eurozone Investor Confidence Strongest In A Year: Sentix

Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. This was the highest reading since June 2024 and remained well above economists' forecast of -6.0.
RTTNews | 4ч 10мин назад
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Tuesday morning with investors looking for directional clues as they await the outcome of the U.S.-China trade negotiations.
RTTNews | 5ч 3мин назад
FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.
RTTNews | 5ч 36мин назад
CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.
RTTNews | 6ч 21мин назад
Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
RTTNews | 7ч 5мин назад