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

Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies
World

Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies

Microsoft President Brad Smith speaks at a press conference at the Representation of the State of North Rhine-Westphalia about future visions for the development and application of artificial intelligence in education in NRW in Berlin on June 4, 2025. Soeren Stache | Picture Alliance | Getty Images American tech companies should “worry a little bit” […]

Read More
FDA agrees to review Moderna’s mRNA flu vaccine application in a reversal
World

FDA agrees to review Moderna’s mRNA flu vaccine application in a reversal

A researcher works in the lab at the Moderna headquarters in Cambridge, Massachusetts, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna said on Wednesday the Food and Drug Administration has agreed to review its experimental mRNA flu shot, reversing the agency’s earlier decision to refuse to accept the application in a move […]

Read More
Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
World

Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table

Oil prices rose more than 2% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $1.56, or 2.5%, to $63.89 per barrel. Global benchmark Brent was up $1.61, or […]

Read More