European stocks expected to open higher after Trump delays tariffs, but concerns linger about China
From Nasdaq: 2025-02-04 00:33:18
European stocks are expected to open higher after Trump delays tariffs on Canada and Mexico. Concerns remain about how China will respond to new tariffs. Fed officials warn of inflation risks due to trade tariffs. Asian markets bounce back, while currencies stabilize. Gold prices hit a record high, oil prices fall. U.S. economic calendar is light, with key reports on job openings and factory orders. Merck, PayPal, PepsiCo, Pfizer, and Spotify to report earnings. U.S. stocks recover losses but end lower. European stocks decline after Trump imposes tariffs on imports. STOXX 600 and major European indices close lower.
Read more at Nasdaq: European Shares Seen Opening Up After Trump’s Tariff Delay
