European Stocks Rise Despite Trade Tensions
European stocks are expected to open mostly higher despite Trump’s new tariff threats against six countries. U.S.-Brazil relations worsen with a 50 percent tariff on Brazilian goods. Progress is seen in a potential trade deal between the U.S. and the EU. U.S. stock futures fall as Asian markets rise. Gold prices increase, while oil prices remain stable. Fed officials show little support for an interest rate cut. U.S. stocks climb, with the Nasdaq hitting a record high. European stocks also rise for a third day on trade optimism.
Read more at Nasdaq: European Shares Set To Open Higher Despite Rising Trade Tensions