European shares rise on SAP earnings, Trump's Fed backflip
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2025
0mins
Source: Reuters
European Market Performance: European shares rose 1.8% due to strong earnings from SAP and a more conciliatory tone from President Trump regarding U.S.-China trade tensions, despite ongoing concerns about the independence of the Federal Reserve.
Corporate Earnings Outlook: European companies are expected to see a 3.5% decline in first-quarter earnings, with notable stock movements including a 9% rise for BE Semiconductor Industries and a 5.1% drop for Reckitt, reflecting mixed corporate performance amid economic uncertainties.
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.
