Global market activities varied on Monday, with Wall Street on holiday. Notably, Chinese tech stocks surged, led by a significant revenue boost in Alibaba’s cloud business driven by AI advancements. In Europe, the STOXX 600 index inched up 0.3%, buoyed by healthcare stocks and promising manufacturing data. As the trading week progresses, attention turns…
By Sanchayaita Roy and Sukriti Gupta (Reuters) -European shares fell on Monday, led by automobiles, as U.S. President Donald Trump’s latest threat to impose steep tariffs on the European Union and Mexico kept investors on edge. The pan-European STOXX 600 index was down 0.5% at 544.74 points, as of 0830 GMT. Other regional indexes also…
European stocks rose on Friday, led by automakers, as signs of easing trade tensions between Beijing and Washington raised hopes of a de-escalation in the U.S.-led tariff war. The pan-European STOXX 600 index advanced 0.9% at 542.27 points, as of 0825 GMT. The index was on track to log its first weekly gain in three…
By Iain Withers and Stella Qiu LONDON/SYDNEY (Reuters) -Global stocks slid on Friday ahead of a possible U.S. government shutdown, while European shares came under fire after Donald Trump threatened to impose tariffs if consumers in the region did not increase their purchases of U.S. oil and gas. A key read of U.S. inflation later…