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European Stocks Dip With Eyes on Tariffs, Earnings: Markets Wrap.

Authors :
Kirakosian, Margaryta
Viljoen, John
Source :
Bloomberg.com; 2/27/2025, pN.PAG-N.PAG, 1p
Publication Year :
2025

Abstract

European stocks fell in response to US President Donald Trump's threat of 25% tariffs on EU imports and mixed corporate earnings reports. The Stoxx 600 index dropped 0.4%, with the auto sector performing poorly. While Rolls-Royce Holdings Plc saw a 16% increase in shares after raising profit guidance, WPP Plc's sales forecast missed estimates, causing a 17% decline. US equity futures rose, and the dollar strengthened, while Bitcoin and oil prices fluctuated. Key events this week include Eurozone consumer confidence and US GDP data. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
183349651