European stock markets were mixed on Tuesday, with the STOXX 50 slightly up and the STOXX 600 slightly down, as investors grappled with ongoing trade tensions and the latest corporate earnings reports.
European stocks mixed amid trade war, earnings
New US tariffs on Chinese goods have taken effect, prompting a retaliatory response from China, including tariffs on some US exports and an antitrust investigation into Google. Planned US tariffs on Mexico and Canada have been delayed. Within the market, auto, telecom, and food & beverage sectors underperformed, while basic resources saw gains.
Strong earnings lift European bank, tech stocks
UBS shares rose after better-than-expected profits, Infineon jumped on an improved outlook, and BNP Paribas advanced on higher earnings and increased shareholder returns.
