European Stocks Close On Weak Note Ahead Of Trump's Tariff Announcement

RTTNews | Pred 155 dňami

(RTTNews) - European stocks closed mostly weak on Wednesday as investors chose to refrain from making significant moves ahead of U.S. President Donald Trump's tariff announcement.

According to reports, the U.S. President is looking to impose a sweeping 20% tariff on most imports, and a separate 25% global tariff on auto imports.

Trump is scheduled to announce the new tariffs in a Rose Garden event shortly after the close of trading, with White House press secretary Karoline Leavitt indicating the new levies will be "effective immediately."

There is still some uncertainty about the quantum of levy and any possible exemptions from tariffs to some countries.

The pan European Stoxx 600 fell 0.5%. The U.K.'s FTSE 100 close down 0.3%, Germany's DAX ended 0.66% down, and France's CAC 40 lost 0.22%. Switzerland's SMI closed lower by 0.77%.

Among other markets in Europe, Austria, Belgium, Denmark, Finland, Iceland, Netherlands, Norway, Russia, Sweden and Turkiye closed weak.

Greece, Ireland, Poland, Portugal and Spain ended higher.

In the UK market, Rolls-Royce Holdings closed lower by 3%. Vodafone Group, GSK, Persimmon, British American Tobacco, St. James's Place, Fresnillo, Taylor Wimpey, Melrose Industries, Beazley, Imperial Brands, Schroders, AstraZeneca and Croda International lost 1.2 to 2.5%.

Bunzl climbed 3.2% and WPP rallied 3%. Marks & Spencer, JD Sports Fashion, Associated British Foods, Whitbread, IAG, Next, Diageo, Natwest Group, Intercontinental Hotels, Barclays and Admiral Group gained 1 to 2.5%.

In the German market, Rheinmetall and Bayer lost 4.2% and 4%, respectively. Vonovia, Deutsche Telekom, Deutsche Post, MTU Aero Engines, Infineon Technologies, BASF and Adidas closed down 1 to 2%.

Zalando gained 3.7% and Heidelberg Materials advanced 2.3%. Beiersdorf and Siemens Energy closed higher by 1.6% and 1.2%, respectively.

In the French market, Airbus ended down 3.17%. Teleperformance closed lower by 2.74%, while Societe Generale, Sanofi and Thales lost 1.5 to 1.7%.

ArcelorMittal, STMicroElectronics, BNP Paribas, Edenred, Orange, Stellantis and Michelin closed notably lower.

Pernod Ricard, Engie and Accor climbed 1.25 to 1.6%. Publicis Groupe, AXA, Dassault Systemes, L'Oreal, Veolia Environment, Legrand, Renault, Bureau Veritas, Vinci and Saint Gobain posted moderate gains.

Swiss Franc Falls Against Majors

The Swiss franc dropped against its major counterparts in the New York session on Thursday.

RTTNews | Pred 52 minútami

Canadian Market Looks Headed For Another Positive Close

The Canadian market is firmly placed in positive territory Thursday afternoon, thanks largely to a fine performance by several technology stocks, and a few frontline stocks from consumer discretionary, real estate, communications and financials sectors.

RTTNews | Pred 3 h 26 min

Swiss Market Closes On Buoyant Note

The Switzerland market closed on a strong note on Thursday, in line with most of the markets across Europe, amid rising expectations of a rate cut by the Federal Reserve, and easing concerns about tariffs.

RTTNews | Pred 4 h 1 min

European Stocks Close Higher Ahead Of Crucial U.S. Jobs Data

European stocks closed mostly higher on Thursday, with most of the markets in the region gaining for a second straight day amid cooling bond markets. Still, the mood in the markets remained a bit cautious with investors looking ahead to crucial U.S. non-farm payroll data on Friday.

RTTNews | Pred 4 h 36 min

U.S. Services Index Climbs To Six-Month High In August

Service sector growth in the U.S. accelerated by more than anticipated in the month of August, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI rose to 52.0 in August from 50.1 in July, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | Pred 7 h 3 min

U.S. Labor Productivity Surges 3.3% In Q2, Much More Than Previously Estimated

A report released by the Labor Department on Thursday showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025. The Labor Department said labor productivity shot up by 3.3 percent in the second quarter compared to the previously reported 2.4 percent jump. Economists had expected the increase in labor productivity to be unrevised.

RTTNews | Pred 7 h 21 min

U.S. Trade Deficit Widens More Than Expected As Imports Spike

With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July. The Commerce Department said the trade deficit shot up to $78.3 billion in July from a revised $59.6 billion in June. Economists had expected the trade deficit to increase to $75.7 billion.

RTTNews | Pred 7 h 51 min

U.S. Jobless Claims Rise More Than Expected To Two-Month High

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.

RTTNews | Pred 7 h 55 min

EURUSD	1.16469	GBPUSD	1.34296	AUDUSD	0.65147
USDJPY	148.399	USDCAD	1.38139	USDCHF	0.8052