From Nasdaq: 2025-03-31 01:48:00

European stocks are set to open lower as uncertainty surrounds U.S. reciprocal tariffs. President Trump’s tariff plan will take effect globally on April 2, impacting all nations. Tariffs include a 25% levy on all cars not made in the U.S. The EU is prepared to respond with tariffs or concessions. U.S. economic data and Fed Chair Powell’s speech are awaited. Asian markets are down, but China’s manufacturing activity expanded in March. Gold hits a record high, oil prices ease. U.S. stocks fell on inflation concerns and low consumer sentiment. Nasdaq, S&P 500, and Dow all dropped. European stocks closed lower on Friday amid trade war worries.



Read more at Nasdaq: European Shares Seen Lower As Investors Brace For Impact On ‘Liberation Day’