From Nasdaq: 2025-05-30 05:01:00

European stocks traded higher despite uncertainty over President Trump’s tariffs. EU commissioner described the tariff situation as urgent and stressed commitment to a negotiated deal. German retail sales fell 1.1% in April, below expectations, with year-on-year growth softening to 2.3%. Spanish inflation fell below ECB’s 2% target in May, signaling weakening inflationary pressures. STOXX 600 rose 0.5%, with DAX up 0.8%, CAC 40 up 0.3%, and FTSE 100 up 0.6%. Sanofi SA slumped 6% after mixed results for COPD treatment, while Sirius Real Estate gained 1% and Drax Group jumped 2.2% after announcing the lapse of its cash offer for HEIT.



Read more at Nasdaq: European Shares Rise On ECB Rate Cut Hopes