European stocks facing heavy selling pressure due to concerns over Trump's tariff war

From Nasdaq: 2025-02-03 00:52:32

European stocks may face heavy selling pressure due to concerns over Trump’s tariff war with Mexico, Canada, and China. Retaliatory measures from these countries could lead to economic disruption and higher inflation. Asian markets saw significant losses, and China’s factory activity slowed down. Gold prices fell, oil prices rose, and U.S. stocks ended lower on Friday. Upcoming reports on U.S. employment and earnings from major companies like Alphabet and Amazon will impact market sentiment. Despite this, European stocks closed higher on Friday following strong earnings releases.



Read more at Nasdaq: European Shares Set To Fall On Tariff Concerns