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 companies like BP, which saw share gains following better-than-expected Q2 profits.
The modest rise came after recent volatility driven by U.S. tariff announcements and mixed economic data, showing that investors maintained cautious optimism in the European market.
Read also : Gold : Build Your Wealth and Freedom
However, European semiconductor stocks reversed gains from earlier in the trading session to end in the red after President Donald Trump told CNBC he will unveil new tariffs on semiconductors and chips as soon as next week.
Our community already has nearly 150,000 readers!
Subscribe to our Telegram channel
Follow us on Telegram, Facebook and Twitter
© Copyright 2025 – Eurasia Business News. Article no. 1686
Eurasia Business News 