{"id":61698,"date":"2025-07-09T08:59:11","date_gmt":"2025-07-09T08:59:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/09\/european-shares-rise-on-us-eu-trade-deal-hopes\/"},"modified":"2025-07-09T08:59:11","modified_gmt":"2025-07-09T08:59:11","slug":"european-shares-rise-on-us-eu-trade-deal-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/09\/european-shares-rise-on-us-eu-trade-deal-hopes\/","title":{"rendered":"European Shares Rise On US-EU Trade Deal Hopes"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks edged higher on Wednesday as investors waited for an update on the U.S.-EU trade deal.<\/p>\n<p>The Financial Times reported that European Union negotiators are closing in on a trade deal with the U.S. that would cement higher tariffs than those granted to the U.K.<\/p>\n<p>The pan European STOXX 600 was up half a percent at 548.25 after rising 0.4 percent in the previous session. <\/p>\n<p>The German DAX surged 0.8 percent, France&#8217;s CAC 40 rallied 0.9 percent and the U.K.&#8217;s FTSE 100 was marginally higher.<\/p>\n<p>In corporate news, WPP shares plunged 17 percent after the British advertising major trimmed its outlook for first half and fiscal 2025.<\/p>\n<p>Close Brothers slumped 6.4 percent. The merchant banking group said it plans to scale back its premium finance division in a bid to cut costs and focus on its offerings for businesses.<\/p>\n<p>Galliford Try Holdings rallied 2.6 percent. The construction group said it expects to report full year 2025 revenue and adjusted pre-tax profit slightly above the upper end of current market forecasts.<\/p>\n<p>Energy services firm Hunting Plc climbed over 10 percent after reporting strong half-year results and launching a $40 million share repurchase program.<\/p>\n<p>EssilorLuxottica soared nearly 6 percent after Meta Plaforms Inc. bought a minority stake in the world&#8217;s largest eyewear manufacturer.<\/p>\n<p>Germany&#8217;s Renk advanced 3.8 percent amid reports that the military vehicle parts maker is considering options for civilian industrial <span class=\"landLinks\">business<\/span>. <\/p>\n<p>Banks such as Commerzbank, Deutsche Bank, BNP Paribas and Societe Generale were up 2-4 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Shares Rise On US-EU Trade Deal Hopes<\/a><br \/>\n<br \/>2025-07-09 08:59:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks edged higher on Wednesday as investors waited for an update on the U.S.-EU trade deal. The Financial Times reported that European Union negotiators are closing in on a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-61698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=61698"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61699"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}