Reported 2 days ago
European shares gained ground after President Trump announced the postponement of a proposed 50% tariff on EU goods until July 9, which boosted U.S. futures as well. While oil prices increased and most Asian shares fell, Germany's DAX and Paris's CAC 40 reported notable gains. This decision followed a call with European Commission President Ursula von der Leyen, emphasizing a willingness to engage in serious trade negotiations. Meanwhile, Apple stocks dropped amid Trump's threats to impose tariffs on iPhones produced outside the U.S.
Source: YAHOO