European stocks are expected to open slightly higher as investors prepare for a busy week ahead. U.S. tariff deadline on China is approaching, with hopes for an extension of the 90-day tariff truce. Chip giants Nvidia and AMD have agreed to pay the U.S. government 15 percent of revenue from semiconductor sales in China. Traders await Trump’s meeting with Putin to assess potential tariff moves on India and China. Ukrainian President accuses Putin of trying to ‘legalize the occupation’ of Kyiv’s territories. U.S. economic reports on prices, retail sales, industrial production, and consumer sentiment will provide insight on the economy and potential Fed rate changes.

Asian stocks rise, with Japanese markets closed for a holiday. Focus on upcoming Chinese retail sales and industrial output data after weak consumer and producer price data. Copper hits one-week high, gold falls below $1,380 per ounce. Oil trades lower on concerns about higher U.S. tariffs, OPEC output decision, and Ukraine ceasefire hopes. U.S. stocks climb on easing tariff concerns and positive economic outlook. Nasdaq Composite reaches new record high, S&P 500 and Dow also rise.

European stocks end mixed, with defense stocks underperforming amid reports of U.S. and Russian efforts to stop war in Ukraine. STOXX 600 edges up, DAX and FTSE 100 close lower, CAC 40 rises. Apple commits to invest $100 billion in U.S. manufacturing.

Read more at Nasdaq: European Shares Set To Open Higher With Economic Data And Geopolitics In Focus