The morning after the announcement of European and global trade tariffs from US President Trump, which included a delivery of 10% for imported goods from Great Britain from Great Britain, the buyers spent on April 3, 2025 in the Oxford Street under Union Jack Flags on April 3, 2025.
Richard Baker | In pictures | Getty pictures
London – The Great Britain FTSE 100 Switched between losses and profits on Thursday, with most other European markets being closed for the holiday of May 1st.
The FTSE 100 Was flat at 1:26 p.m. in London after he had reached his 13th positive session in a row in her longest winner since the end of 2016 in the beginning of 2017. Stock exchange exchanges in Germany, France, Italy and Spain are closed.
The bank was one of the British income Lloydswhich has dropped after 2.3% afterwards reporting A decline in profits of almost 7% in the first quarter in relation to higher costs.
Housekeeper persimmon said in A Commercial update That his home production was on the right track while the London Stock Exchange Group (LSEG))) posted An increase in income of the first quarter last year biologically compared to the previous year. The stocks in London were 1.3% higher at 12:35 p.m.
Rolls-Royce The stocks rose by 1%, the earlier profits after the engine manufacturer died repeated His profit and cash flow guidelines from 2025 and said it would probably be able to compensate for the effects of US tariffs on his business through reduced measures.
Outside the profit reaction, the shares of the Danish pharmaceutical giant Novo Nordisk In early afternoon trade, after trading in the early afternoon, 4.7% rose after the US health conglomerate CVS Health Plans unveiled To increase the patient’s access to Novos Megahit weight loss -Dean medication from Wegovy. From July, Caremark-Die subsidiary of CVS Health’s Pharmacy Benefit Management-Wegovy will make his preferred GLP 1 drug against obesity.
Novo Nordisks Share Rally comes afterwards Eli LillyThe American manufacturer of competing obesity medication -Mounjaro published better than expected income in the first quarter On the back of the increasing demand for weight loss and diabetes treatments.
Investors also monitor messages, the Spanish supervisory authorities approved The takeover of lender Sabadell Bank From rivals BbvaWith the report of the competitive guardian Now subject to the government’s review And further “remedies” of the banks.
Europe regional Stoxx 600 The index ended in the green on Wednesday, even after global shares were touched by the news that the The US economy came together 0.3% In the first quarter.
The economic mood in the region was supported by data that showed the The euro zone grew by 0.4% by a higher than expected 0.4% In the first quarter.
April, however, was a weak month for European stocks in the broader sense, since the influence of US tariff policy weighed. The Stoxx 600 lost a total of 1.2%, although this was decreased by a decline of 4.2% in March.
The income was the focus this week, whereby European companies warning Price increases And gigantic Uncertainty in their prospects Due to tariffs, while several banks including UBSPresent German bank And Barclays hit Expectations.
“Overall, bank stocks still look pretty good worldwide … These growth risks with which we are now concentrating around the USA should help European financial data,” said Max Kettner, Chief Multi-Asset strategist at HSBC, to CNBCs “Europe Early Edition” on Thursday.
“Overall, it is still time to play defense, especially in the United States, such as small caps, consumer cyclicals are those that you really want to avoid.
US stocks -Futures Higare in the early Thursday after Big Tech revenue from a higher profit Meta platforms And Microsoft.
– Annika Kim Constantino from CNBC contributed to this report.
