European Stocks Close On Buoyant Note

RTTNews | Pred 56 dňami

(RTTNews) - European stocks closed on a buoyant note on Monday with investors reacting to a temporary tariff exemption by the U.S. on tech products.

However, there is still some uncertainty about U.S. President Donald Trump's moves, as commerce secretary Howard Lutnick later clarified that these exemptions are not permanent. Trump later said on Truth Social that they are still subject to the existing 20% Fentanyl tariffs, but just moving to another bracket.

The announcement by the US Customs and Border Protection over the weekend that new exemptions from tariffs on various tech products, including smartphones, laptops, and other electronics means that selected electronic items will be excluded from the current 145% tariffs on China, as well as the 10% baseline tariffs.

The U.S. President has said that he would announce the tariff rate on imported semiconductors within the next week.

Buying was broad-based and stocks from technology, financials, resources and luxury sectors turned in a fine performance.

The pan European Stoxx 600 climbed 2.1%. The U.K.'s FTSE 100 gained 1.87%, Germany's DAX closed up 2.27% and France's CAC 40 jumped 1.99%, while Switzerland's SMI settled 2.31% up.

Among other markets in Europe, Austria, Belgium, Czech Republic, Denmark, Finland, Greece, Iceland, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden and Turkiye closed with sharp to moderate gains.

Russia missed out on the rally and closed modestly lower.

In the UK market, Melrose Industries, St. James's Place, Standard Chartered, Barclays, Convatec Group, Marks & Spencer, Sainsbury (J), Hiscox, HSBC Holdings, Airtel Africa, EasyJet, Prudential, M&G, Kingfisher and Vodafone Group gained 3.5 to 5.5%.

In the German market, Siemens Energy, Deutsche Bank, Fresenius Medical Care, Rheinmetall, Zalando, Deutsche Post, Sartorius, Bayer, Daimler Truck Holding, Munich RE, BMW, Infineon, Adidas, Brenntag, BASF, Hannover Rueck, Heidelberg Materials and Allianz gained 3 to 6%.

In Paris, Eurofins Scientific, BNP Paribas, Saint Gobain, Edenred, Schneider Electric, Societe Generale, Airbus, Pernod Ricard, Capgemini and Thales climbed 3 to 6%.

TotalEnergies, ArcelorMittal, AXA, Vivendi, Publicis Groupe, Unibail Rodamco, Renault, STMicroElectronics, Hermes International, Legrand, Dassault Systemes, Credit Agricole, Safron, Vinci and Carrefour also moved up sharply.

In economic news, UK house prices rose to a new record in April despite the end of stamp duty holiday in March, property website Rightmove said.

House prices increased 1.4% from the previous month to a record GBP 377,182 in April.

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 | Pred 34 minútami

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 | Pred 1 h 2 min

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 | Pred 4 h 48 min

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 | Pred 6 h 40 min

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 | Pred 7 h 52 min

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 | Pred 8 h 13 min

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 | Pred 8 h 34 min

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | Pred 8 h 44 min

EURUSD	1.14276	GBPUSD	1.35628	AUDUSD	0.65247
USDJPY	144.555	USDCAD	1.36766	USDCHF	0.82125

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European Stocks Close On Buoyant Note