From Nasdaq: 2025-05-13 05:06:00

European stocks were flat to slightly higher on Tuesday, with the STOXX 600 edging up by 0.2 percent. Trump’s comments on tough EU trade negotiations created caution in the market. German DAX and France’s CAC 40 saw marginal gains, while the U.K.’s FTSE 100 remained stable. Reinsurers Hannover Re and Munich Re faced losses from the Los Angeles wildfires, while LEG Immobilien reported lukewarm rental growth. Bayer AG’s quarterly profit drop was smaller than expected, leading to a 10 percent surge in shares. U.K. retail sales grew by 7.0 percent in April, and the unemployment rate rose to 4.5 percent.

In other news, Vonovia saw a 3.5 percent drop after a convertible bond offering, and Deutsche Wohnen declined despite confirming annual outlook. Economic releases showed U.K. retail sales growth and a rise in unemployment rate, with Germany’s ZEW Economic Sentiment figures awaited later in the session.



Read more at Nasdaq: European Shares Extend Gains For Fourth Day; US Inflation Report Eyed