European Markets Open Positive; Stoxx 600 Up 0.1%

Published on Β· Source: cnbc.com

European Markets Open Positive; Stoxx 600 Up 0.1%

AI Summary

Summarized by AI from the source below

European markets opened positively, with the pan-European Stoxx 600 up 0.1% early in the trading session. Germany's DAX gained 0.1% while Italy's FTSE MIB led with a 0.4% increase. However, U.S. auto tariffs proposed by President Trump caused European automakers to drop by 1.6%. Notably, Nokia (NOK) surged 7%, continuing its strong performance from earlier in the year, while oil prices saw slight declines, with Brent crude at $107.38 per barrel.

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