American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4%

by admin July 10, 2025
July 10, 2025
European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4%

European stocks advanced on Thursday as investors looked for signs of progress in trade talks between the United States and the European Union.

The pan-European STOXX 600 index was up 0.5% at 552.45 points.

Germany’s DAX and France’s CAC 40 each rose 0.4%, while the UK’s FTSE 100 outperformed with a 0.8% gain.

Most other major regional indexes also traded higher, except Spain’s IBEX, which edged down 0.1%.

Investor sentiment was buoyed by signs that US and EU negotiators are nearing a trade agreement.

EU trade chief Maros Sefcovic said Wednesday that “good progress” had been made on a framework deal with Washington, with a final agreement potentially just days away. Talks reportedly include measures aimed at protecting the EU auto industry.

Meanwhile, US President Donald Trump on Wednesday announced a 50% tariff on copper imports and a separate 50% duty on goods from Brazil, both set to take effect on August 1.

He also issued new tariff notices for seven additional trading partners.

The EU-US deal

A trade framework between the United States and the European Union could be established as early as this week, according to comments made by President Donald Trump on Tuesday.

“We’re probably two days off from sending them a letter. We are talking to them,” Trump said, indicating that the dispatch of such a letter would signal a deal or a final decision on tariffs.

Trump also noted an improvement in communication between the two sides. “They treated us very badly until recently, now they’re treating us very nicely. It’s like a different world,” he said during a Cabinet meeting at the White House on Wednesday.

“They were among the toughest to deal with.”

The remarks reflect a notable shift in tone from the president, who has frequently criticised the US–EU trade relationship as unfair and imbalanced.

Wall Street on Wednesday

US stocks ended higher on Wednesday, recovering from a choppy start as optimism around a potential US–EU trade agreement and gains in key tech names lifted sentiment.

After an early advance gave way to some midday weakness, the major indices regained ground in the second half of the session to close firmly in the green.

The Nasdaq led the gains, rising 192.87 points, or 0.9 percent, to a record close of 20,611.34.

The S&P 500 added 37.74 points, or 0.6 percent, to finish at 6,263.26, while the Dow gained 217.54 points, or 0.5 percent, ending the day at 44,458.30.

Nvidia (NVDA) helped drive the rally, climbing 1.8 percent and briefly becoming the first company to hit a $4 trillion market capitalization.

Market participants also monitored trade-related developments closely, with President Donald Trump posting multiple letters to world leaders on Truth Social outlining plans for additional tariff increases.

The post European stocks soar higher on hopes of trade deal: FTSE up 0.8%, DAX jumps 0.4% appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Freeport-McMoRan shares rise on Trump’s 50% copper tariffs: why is it a ‘top pick’
next post
Core Scientific deal reveals cracks in CoreWeave’s bull case

Related Posts

Russia’s bad loan crisis: is bailout inevitable by...

July 17, 2025

Asia markets on Friday: Hang Seng, Nifty end...

April 11, 2025

Interview: TikTok’s $14B sale shows politics, not markets,...

September 29, 2025

Comcast to bundle Peacock, Netflix and Apple TV+...

May 16, 2024

ESPN, Fox and Warner Bros. Discovery to launch...

February 7, 2024

Trump to TikTok’s rescue: app restoring services in...

January 20, 2025

Indian markets close: Sensex soars 1,509 points, Nifty...

April 17, 2025

Oracle in line to help keep TikTok in...

September 16, 2025

Bitcoin approaches new all-time high after surpassing $65,000

March 5, 2024

The US debt spiral is underway. Markets just...

July 7, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Europe bulletin: Manchester synagogue attack aftermath, stocks close higher

      October 5, 2025
    • Evening digest: Trump sets deadline for Hamas, Canada’s slowdown, BTC rebounds

      October 5, 2025
    • Iran executes six people for alleged links to Israel, state media reports

      October 5, 2025
    • US digest: Trump’s Hamas ultimatum, government shutdown stalemate continues

      October 5, 2025
    • Japanese stocks may extend record run as Takaichi win revives ‘Abenomics’

      October 5, 2025

    Categories

    • Business (4,191)
    • Investing (2,958)
    • Latest News (2,080)
    • Politics (1,536)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved