European stocks closed sharply higher on Friday, recovering from losses in the previous two sessions, as markets reassessed the impact of new US tariffs and how major European companies should navigate global tariff uncertainty. The Eurozone STOXX 50 rose 0.9% to 5,495, and the pan-European STOXX 600 gained 0.7% to 554.
Major bank stocks led the session's gains amid falling long-term bond yields in the currency bloc, supporting BBVA, BNP Paribas, Nordea, and Intesa Sanpaolo to gain more than 2%. Meanwhile, ArcelorMittal rose 3% on news that the European Commission plans to impose tariffs of 25%-50% on Chinese steel imports.
Pharmaceutical companies, on the other hand, underperformed after US President Trump announced 100% tariffs on patented products, pushing Novo Nordisk and Roche down 3.5% and 1%, respectively. Daimler shares also fell 1.9% amid the new 25% US tariff on heavy trucks. The STOXX 50 rose 0.7% this week, while the STOXX 600 remained unchanged. (alg)
Source: Trading Economics
Gauges in Japan, South Korea and Australia all opened weaker, even as an index of the region was poised for its third gain in four weeks. The S&P 500 closed 1.7% lower while the Nas...
US stocks plunged on Thursday (November 13), with the S&P 500 falling 1.5%, the Nasdaq 1.9%, and the Dow Jones Industrial Average returning to a record high after a 1.5% decline amid a selloff in ...
Both the STOXX 50 and STOXX 600 reversed early gains and closed down 0.6% and 0.8%, respectively, on Thursday, retreating from new record highs reached earlier in the session amid downbeat corporate r...
Wall Street traders bracing for a wave of economic releases after the end of the US shutdown drove stocks lower and bond yields higher amid concern over whether the data will ...
European equities extended gains for a fourth consecutive session on Thursday, with both the STOXX 50 and the STOXX 600 rising nearly 0.2% to fresh record highs. The advance reflected a broadly posit...
Silver prices continued to climb on Friday, November 14, 2025, and moved within the range of USD 52-53 per troy ounce. Silver rose around 1.2% to USD 52.95 per ounce and was on track for a weekly gain of nearly 10%. This marked one of the best...
The EUR/USD pair moved within a narrow range during the Asian session on Friday (November 14th). The pair appeared to be consolidating after a strong rally to a more than two-week high reached the previous day. Price-wise, EUR/USD remained around...
On Friday, November 14, 2025, global silver prices continued to rise and remained near this year's peak, around USD 52-53 per troy ounce. Within a week, silver had surged nearly 10%, making it one of the best weekly performers of 2025 and bringing...
Global financial market optimism has increased after the latest data indicated a strong chance that the Federal Reserve (The Fed) will cut interest...
Fed increasingly fractured over Dec rate cut
Federal Reserve officials are growing increasingly fractured over whether to cut interest rates in...
Lawmakers returned to Washington on Tuesday (November 11th), after a 53-day recess, facing crowded airports across the country for a vote that could...
The S&P 500 rose 0.3% and the Dow Jones Industrial Average jumped 630 points to a new record high, while the Nasdaq Composite Index fell 0.3% as...