Post-Holiday Trading Sees European Markets Mostly Lower

As trading resumed in Europe after the long Easter weekend, major stock indexes opened mostly lower. The downward trend was attributed to ongoing concerns over United States President Donald Trump's trade policies, which continue to weigh heavily on market sentiment.

Trump's Trade Deal Expectations with the EU

During Italian Prime Minister Giorgia Meloni's visit to the White House, President Trump expressed his expectation to reach a trade deal with the European Union before the 90-day tariff delay expires. This statement has added to the market's unease, influencing Tuesday's trading session.

Market Performances at a Glance

The DAX dropped 0.21% at 9:00 am CET, with Siemens Energy AG leading the fall at 3.81%. Similarly, the CAC 40 and the Euro Stoxx 50 saw declines, with Stellantis NV dropping significantly by 5.45%. In contrast, the FTSE 100 showed resilience, opening 0.14% higher, buoyed by Babcock International Group PLC's 1.85% advance.

Currency Movements

The euro experienced a slight decline against the dollar, trading 0.14% lower at $1.14998. Meanwhile, the pound gained 0.07% against the greenback, reaching $1.33887.