(Reuters) – European stocks dipped at the end of a holiday-shortened week, with traders focussed on economic data for clues on the path of interest rates as well as potential changes in U.S. policies under a Donald Trump presidency.
The pan-European STOXX 600 index dipped 0.1% by 0815 GMT, but looked on course for a 0.7% rise for the week, marked by light trading activity as traders returned from their New Year holidays.
Swiss stocks rose 0.5% in their first trading session of 2025, while the German DAX dipped 0.2% and France’s CAC 40 slid 0.5%.
China-exposed sectors such as miners and automakers came under pressure even after a Beijing official said China would sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives.
Investors have been worried about China’s economy and a looming trade war with the U.S. ahead of Donald Trump’s presidential inauguration on Jan. 20.
Among stocks, Tullow Oil surged 12.5% after the West Africa-based company said it would not have to pay $320 million in taxes after the International Chamber of Commerce’s ruling on its Ghana operations.
(Reporting by Sruthi Shankar in Bengaluru; Editing by Mrigank Dhaniwala)
European stocks dip at end of holiday-shortened week Canadian News Today.
Hence then, the article about european stocks dip at end of holiday shortened week was published today ( ) and is available on canadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( European stocks dip at end of holiday-shortened week )
Also on site :
- We Finally Paid Off Our Last Piece of Debt. I Didn’t Expect It to Backfire Like This.
- US seizes Russian oil tanker in North Atlantic
- More than 700 to be laid off as U.S. Postal Service terminates contract for Aurora mail hub