Europe stocks lower after hitting record highs on hopes of Ukraine peace deal

Europe stocks lower after hitting record highs on hopes of Ukraine peace deal


European stock markets opened lower on Friday after hitting record highs earlier this week.

The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat.

Asia-Pacific markets were mixed Friday, after Wall Street rose overnight as President Donald Trump signed a reciprocal tariffs plan, but did not enact the levies immediately.

Mainland China’s CSI 300 Index rose 0.86%, while Hong Kong’s Hang Seng index surged 3.06%, extending its gains from the previous session.

Japan’s benchmark Nikkei 225 ended the day 0.79% lower at 39,149.43, while the broader Topix index lost 0.23% to close at 2,759.21.

In European markets, British lender NatWest reported its full-year earnings, beating estimates on profit and revenues. The company, which is still partly owned by the state, said that the U.K. government had reduced its stake in the bank from 7.98% to 6.98%.



Source

Four years into the Ukraine war, is Europe ready for its own army?
World

Four years into the Ukraine war, is Europe ready for its own army?

Europe has struggled to unite to meet the challenges of Russia’s full-scale invasion of Ukraine in the last four years. The threat from Russia, and the growing tensions with the U.S. under President Donald Trump, have fueled suggestions that the answer to Europe’s divisions, redundancies and duplications in its defense efforts is a single European […]

Read More
European markets set for broadly positive open as traders assess tariff landscape
World

European markets set for broadly positive open as traders assess tariff landscape

This photograph shows European countries’ flags waving in front of the European Parliament building in Strasbourg, eastern France, on June 6, 2024. (Photo by SEBASTIEN BOZON / AFP) (Photo by SEBASTIEN BOZON/AFP via Getty Images) Sebastien Bozon | Afp | Getty Images LONDON — European stocks are expected to open flat to higher on Tuesday […]

Read More
Russia’s war on Ukraine puts women off having children — and that could spell economic disaster
World

Russia’s war on Ukraine puts women off having children — and that could spell economic disaster

A woman carries a baby as she reacts after evacuating from Russian troop-occupied Kupiansk town in a bus convoy, amid Russia’s attack on Ukraine, on the outskirts of Kharkiv, Ukraine May 30, 2022. Picture taken May 30, 2022.  Ivan Alvarado | Reuters Four years of war between Russia and Ukraine are beginning to take their […]

Read More