US EditionEuropean Benchmarks Rise While Asian Shares Finished Lower Amid Uncertainty over Trump's Tariffs
- European shares rose modestly on May 30 as investors reacted to an uncertain US court ruling blocking parts of President Trump's tariffs while Asian benchmarks mostly fell.
- The court ruled that the law invoked to impose some tariffs does not authorize their use, blocking certain duties, but it permitted tariffs on steel, aluminum, and automobiles to stay in effect; meanwhile, the White House is contesting the decision on appeal.
- European indexes like the Stoxx 600 ended slightly higher with Germany's DAX up 0.3% and France's CAC 40 rose 0.2%, despite tariff concerns and slowing German retail sales.
- US crude oil rose to $61.18 a barrel and Brent crude edged up to $64.38, while Tokyo core inflation unexpectedly climbed to 3.6% amid concerns about rising Japanese interest rates.
- The mixed market reactions reflect ongoing trade policy uncertainty and inflation pressures, casting doubt on near-term global economic stability and monetary policy paths.
13 Articles
13 Articles
European benchmarks rise while Asian shares finished lower amid uncertainty over Trump's tariffs
TOKYO (AP) — European shares rose while Asian benchmarks finished mostly lower Friday as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs. France’s CAC 40 rose 0.2% in early trading to 7,796.14, while Germany’s DAX jumped 0.6% to 24,122.42. Britain’s FTSE 100 added 0.6% to 8,771.71. U.S. shares were set to drift lower with Dow futures down 0.1% at 42,217.00. S&P 500 futures…
ThePatriotLight - European benchmarks rise while Asian shares finished lower amid uncertainty over Trump's tariffs
ThePatriotLight - European shares rose while Asian benchmarks finished mostly lower as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffsEuropean benchmarks rise while Asian shares finished lower amid uncertainty over Trump's tariffs
Market: Europe ends in dispersed order in a context of uncertainty on customs duties - News Bulletin 247
by Mara Vilcu (Reuters) – European scholarships finished in dispersed order on Friday, in a context of uncertainty about American trade policy. In Paris, CAC 40 lost 0.36% to 7,751.89 points. In Frankfurt, the Dax advanced by 0.31% and in London, the FTSE 100 rose 0.64%. The Eurostoxx 50 index abandoned 0.10%, the FTSEUROFirst 300 won 0.17%and the Stoxx 600 took 0.11%. Over the week, the Stoxx 600 took 0.62% and the CAC 40 won 0.23%. Investors a…
Pan-European STOX 600 index closed at 0.19%
Automakers, which are sensitive to tariff pressures, rose at the start of trading
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