European Stocks Trim Losses as China Sees Potential for US Talks
From Yahoo Finance: 2025-04-16 12:03:00
European equities closed slightly lower on Wednesday, but rebounded from earlier losses after China signaled openness to trade talks. The Stoxx Europe 600 Index fell 0.2%, with tech stocks hit hard by US restrictions on Nvidia. Concerns about Trump’s trade policies have erased gains from the first quarter.
ASML Holding NV dropped 7.6% on lower-than-expected orders and tariff uncertainty, while Heineken NV rose 5% despite slower beer sales due to a late Easter. European markets are feeling the impact of trade tensions and economic uncertainty, leading to volatility in stock movements.
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