European stocks expected to open higher, U.K. markets subdued due to Trump's tariff policies

From Nasdaq: 2025-01-30 00:47:34

European stocks are expected to open higher, while U.K. markets may be subdued due to uncertainty over U.S. President Trump’s tariff policies on Canada and Mexico. Trump plans to issue tariffs on these countries on Saturday, unless they close borders to fentanyl. U.S. stock futures edged higher, with Meta Platforms and IBM reporting strong earnings, while Microsoft missed expectations. Tesla had a disappointing quarter but promises growth in 2025. Apple will report earnings later, and economic data from ECB and U.S. may influence trading sentiment. Gold prices edged up, and U.S. stocks fell after the Fed left rates steady. European stocks closed mostly higher, with tech stocks recovering.



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