European shares regained some ground as tariffs jitters ease
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 14 2025
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Source: Reuters
European Market Recovery: European shares, particularly in the automobile and technology sectors, saw a 0.5% increase after two days of losses, attributed to reports of gradual tariff hikes by U.S. President-elect Donald Trump, easing some market fears.
Mixed Performance Among Companies: While French index CAC 40 outperformed with a 1% rise, JD Sports Fashion's shares fell 9.5% due to a profit forecast downgrade, contrasting with Ocado Group's 10.7% jump following strong sales growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
