Market Overview

Following the Easter holiday, European stock markets opened mostly lower on Tuesday, influenced by ongoing concerns over United States President Donald Trump's trade policies. The anticipation of a trade deal between the U.S. and the European Union before the 90-day tariff delay expires has left investors cautious.

Index Performances

The DAX fell by 0.21% at 9:00 am CET, with Siemens Energy AG leading the decline, dropping 3.81%. Similarly, the CAC 40 and the Euro Stoxx 50 saw decreases of 0.14% and 0.27%, respectively, with Stellantis NV experiencing a significant drop of 5.45% across both indexes. In contrast, the FTSE 100 opened slightly higher, gaining 0.14%, with Babcock International Group PLC advancing 1.85%.

Currency Movements

The euro weakened against the dollar, trading 0.14% lower at $1.14998 by 8:58 am CET. Meanwhile, the pound showed a modest gain of 0.07% against the dollar, reaching $1.33887.