European Markets Show Modest Gains Amid Trade Uncertainty
European stock markets opened with a generally positive sentiment, with Milan’s FTSE MIB index showing a slight rise. The benchmark index was trading at 39,971 points, up 0.51%.
This modest uptick occurs against a backdrop of significant market concerns. Investors are closely monitoring potential shifts in U.S. commercial policies, particularly the possibility of new tariffs.Specifically, there is apprehension regarding the implementation of 30% duties on European Union goods, which could take effect as early as August 1st.