We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

In this section

Shares

Europe open: Stoxx makes strong start on EU-US trade deal

Mon 28 July 2025 07:59 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Market latest

FTSE 100 | FTSE 250 | Paris CAC 40 | Dow Jones | NASDAQ

9128.30 | Positive 59.72 (0.66%)
Graph

Prices delayed by at least 15 minutes

(Sharecast News) - European shares opened strongly on Monday after the US and European Union finally agreed a trade deal.

The pan-regional Stoxx 600 index was up 0.89% in early deals at 554, while Germany's DAX rose 0.79% and France's CAC 40 1.17%.

The deal between the two trading partners on Sunday means that the US will impose a 15% tariff on most EU imports, including autos, halving the 30% rate threatened by US President Donald Trump.

Steel and aluminium still face 50% tariffs - but this will now only apply above certain quotas.

Aerospace parts, some chemicals and raw materials will be exempt from any duties, while the EU will also agree to buy $750bn in US energy, and more military equipment.

As expected, shares in auto and computer chip makers gained on the news. With car parts maker Valeo up, along with BE Semiconductor and ASML Holding.

Reporting by Frank Prenesti for Sharecast.com

    Daily market update emails

    • FTSE 100 riser and faller updates
    • Breaking market news, plus the latest share research, tips and broker comments

    Register now for free market updates

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More stock market reports from ShareCast

    Latest economy and stock market articles