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