Reported 1 day ago
European stocks began the week on a positive note, recovering from previous losses after President Trump delayed the 50% tariff threat on the EU. The pan-European STOXX 600 index rose by 1% following the extension of the tariff deadline to July 9. Notably, sectors like automobiles and defense saw significant gains, with companies like Rheinmetall and Leonardo contributing to the positive momentum. However, caution remains as investors express concerns over ongoing trade tensions and the U.S. economic slowdown.
Source: YAHOO