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World Shares Mostly Climb After a Rally for Apple Leads Wall Street Higher
EUROPE, AUG 6 – European stocks rose slightly, led by oil and shipping gains, despite semiconductor tariffs announced by the U.S. and expectations of a Bank of England interest rate cut.
- On August 5, European stock markets closed slightly higher, with the Stoxx Europe 600 index up about 0.15% to approximately 541.40 points.
- Amid mixed data and U.S. tariff announcements, European stocks edged higher supported by strong corporate earnings.
- European semiconductor stocks ended in the red after President Donald Trump signaled new tariffs on chips as soon as next week, while BP gained following strong Q2 profits.
- Ahead of its meeting, the Bank of England is expected to cut interest rates from 4.25% to 4%, with IG futures data indicating a positive European open.
- Amid ongoing trade tensions, U.S. President Donald Trump signaled on Tuesday that he will announce new tariffs on semiconductors and chips as soon as next week.
11 Articles
11 Articles
European shares tick higher with tariffs, BoE meeting in focus
(Reuters) -European shares ticked higher on Thursday, with corporate earnings in full swing, while higher U.S. tariff rates on dozens of partners kicked in ahead of the Bank of England’s monetary policy meeting. The pan-European STOXX 600 index rose 0.2%, as of 0715 GMT, with most major regional bourses trading in the green. Britain’s blue-chip FTSE 100 was down 0.2%, while Switzerland’s benchmark SMI index was up 0.1%. U.S. President Donald Tru…
World shares mostly climb after a rally for Apple leads Wall Street higher
World shares mostly advanced and financial markets appeared to show scant if any reaction to President Donald Trump's higher tariffs on exports to the United States that took effect early Thursday. In early European trading, Germany's DAX rose 0.9% to 24,137.51. In Paris, the CAC 40 added 0.8% to 7,693.36, while Britain's FTSE 100 shed 0.3% to 9,138.96.The future for S&P 500 edged 0.5% higher while that for Dow Jones Industrial Average added 0.3…
Stock indices on major European stock exchanges mostly rose today. Investors are closely monitoring corporate earnings releases, with US tariffs remaining the focus of attention. The euro gained against the dollar, while oil prices fell.
European stock markets closed slightly higher
By John Meyer, consultant in financial affairs – Eurasia Business News, August 5, 2025. Article no. 1686 European stock markets closed slightly higher on August 5, with the Stoxx Europe 600 index up by about 0.15% to approximately 541.40 points. Major European bourses were generally in the green, supported by strong corporate earnings despite ongoing global trade tensions and tariff concerns. Some of the largest contributors included oil compani…
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