European shares steady, record high, strong earnings, reduced trade war fears, awaiting US jobs report

From Nasdaq: 2025-02-07 04:10:57

European shares remained steady after reaching a record high, supported by strong earnings and reduced trade war fears. Investors awaited the U.S. jobs report for insights on future interest rate decisions. German industrial production fell by 2.4% in December, led by a decline in car industry output. UK house prices surged in January, with a 0.7% monthly increase and a 3.0% annual growth. Stock markets saw mixed movements, with Iveco Group and Danske Bank posting gains, while Sanofi, L’Oreal, and Ashmore faced declines. Legal & General agreed to sell its U.S. protection business, while Henkel announced the sale of its retailer brands business in North America.



Read more at Nasdaq: European Shares Little Changed Ahead Of US Jobs Report