Europe midday: Stocks slip into the red on EU trade deal fears
By Frank Prenesti
Date: Monday 21 Jul 2025
(Sharecast News) - European stock markets slipped into the red on Monday as investors continued to monitor the latest trade talk moves.
The pan-regional Stoxx 600 was down 0.16% at 545.92, with France's CAC 40 down 0.54% and Germany's DAX 0.3% lower. Investors are eyeing corporate earnings from the US this week.
"As the earnings season moves into full swing on both sides of the pond, the underlying concerns around tariffs and economic strength continue to linger," said Interactive Investor head of markets Richard Hunter.
"In the US, reports that the president would be looking at tariffs of between 15% and 20% on the EU - a move likely to result in some aggressive retaliatory action - was enough to take the shine off the recent run which has seen another testing of record highs for the main indices."
In equity news, autos stocks fell after Stellantis said it expected a net loss of €2.3bn in the first half of the year due to pre-tax net charges and the early effects of US tariffs.
Ryanair shares soared as the low-cost carrier more than doubled first quarter profits.
Glencore, Anglo American and Antofagasta all made strong hains on the back of stronger metals prices. Boliden rose 5.9% as Berenberg upgraded the Swedish miner to "buy" from "hold", while Belimo was up 5.5% after the Swiss heating and ventilation solution maker posted better-than-expected interim earnings.
Reporting by Frank Prenesti for Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN