European stocks dropped after US President Donald Trump said he would impose 25% tariffs on imports from the European Union. The Stoxx 600 index fell 0.5%, with the retail, tech and auto sectors falling the most. Trump gave contradictory statements Wednesday on the implementation of tariffs, keeping investors guessing. A White House official said the European levies could affect all exports from the block or only specific sectors. Nvidia, the chipmaker at the center of an AI spending boom, is in focus after it delivered good-but-not-great earnings Wednesday, drawing a muted response from investors accustomed to blowout numbers.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – Opening Trade
00:01:09 – Nvidia CEO Jensen Huang on Blackcell
00:05:31 – Traders Puzzled by Tariff Talk
00:08:40 – Man Group CFO on Share Rise on $1.3 Billion Fourth Quarter Inflows
00:16:27 – Trump: EU Tariffs Will Be 25% on Autos, Other Items
00:24:04 – Europe Futures Drop After Nvidia
00:31:52 – London Stock Exchange CEO on Futures IPOs, Russian Sanctions
00:46:09 – European Stock Exchanges Open
00:55:29 – Is Europe an Investment or a Trade?
01:04:46 – Trump Tariffs Weigh on Carmakers
01:09:28 – Agnellis Family Sells €3 Billion Ferrari Stake
01:12:13 – Nvidia’s ‘Underwhelming’ Report
01:16:55 – AI to Drive Surpising Productivity Advances: Brookfield Asset Mgmt. CEO
01:20:56 – Trump EU Tariffs: EU’s Response
01:24:40 – California Wildfires: Swiss Re Sees $700M in Claims
01:34:28 – Keir Starmer to Meet Donald Trump
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