Weak sentiment is expected to prevail in stock markets in Europe on Monday as markets grapple with the uncertain trade tariff environment after the U.S. Supreme Court's ruling to strike down President Trump's sweeping reciprocal tariffs. Market sentiment is also expected to be impacted by the U.S.-Iran tensions. Corporate earning updates are also expected to sway sentiment.
Wall Street had closed on a positive note on Friday amidst the U.S. Supreme Court ruling that struck down a large portion of President Trump's global tariffs. The Dow Jones Industrial Average gained 0.47 percent to finish trading at 49,625.97. The tech-heavy Nasdaq Composite rallied 0.90 percent to close trading at 22,886.07.
For comments and feedback: editorial@rttnews.com