European stocks set to open lower due to Trump's policies, including pulling out of agreements.

From Nasdaq: 2025-01-21 00:31:25

European stocks are set to open slightly lower as Trump’s executive orders dominate headlines, including pulling the U.S. out of the Paris Agreement and World Health Organization. Trump also delays TikTok ban and hints at potential tariffs on Canada and Mexico. Asian markets react cautiously to his inauguration, while U.S. dollar recovers and gold prices rise. U.S. markets were closed for Martin Luther King Jr. Day. European stocks closed higher on Monday after reports of no immediate trade tariffs. STOXX 600 ended flat, with DAX, CAC 40, and FTSE 100 posting gains. Economic data from the UK and Germany expected later.



Read more at Nasdaq: European Shares Set For Cautious Open With Focus On Trump’s Policies