{"id":62069,"date":"2025-07-18T09:05:09","date_gmt":"2025-07-18T09:05:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/18\/european-shares-edge-higher-in-cautious-trade-9\/"},"modified":"2025-07-18T09:05:09","modified_gmt":"2025-07-18T09:05:09","slug":"european-shares-edge-higher-in-cautious-trade-9","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/18\/european-shares-edge-higher-in-cautious-trade-9\/","title":{"rendered":"European Shares Edge Higher In Cautious Trade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks traded higher on Friday as robust U.S. economic data and encouraging tech earnings helped ease tariff-related concerns for now. <\/p>\n<p>The pan European STOXX 600 rose 0.4 percent to 549.18 after rallying 1 percent on Thursday to halt a four-day losing streak. <\/p>\n<p>The German DAX gained 0.4 percent, France&#8217;s CAC 40 added 0.6 percent and the U.K.&#8217;s FTSE 100 was up 0.2 percent. <\/p>\n<p>Salzgitter AG shares plunged 15 percent after the German steel company cut its full-year guidance in the wake of a weak second quarter.<\/p>\n<p>Chemicals giant BASF SE gained 1.2 percent after it signed a 10-year natural gas supply agreement with Equinor.<\/p>\n<p>Mining giant BHP rose 1.3 percent in London after reporting record annual iron ore and copper output. <\/p>\n<p>Drug maker GSK slumped 6 percent after a U.S. FDA advisory panel recommended against approving its blood cancer drug Blenrep.<\/p>\n<p>Engineering group Senior surged 9.2 percent as it agreed to sell its Aerostructures division for up to \u00a3200 million and unveiled a \u00a340 million share buyback.<\/p>\n<p>Burberry Group shares climbed 4.8 percent. The luxury brand reported a smaller-than-expected dip in first-quarter comparable sales.<\/p>\n<p>Swedish home appliances maker Electrolux nosedived 14 percent despite Q2 operating profit coming above expectations. <\/p>\n<p>Defense giant Saab soared 11 percent after reporting stronger-than-expected profit and sales growth for the second quarter.<\/p>\n<p>In economic releases, Germany&#8217;s producer prices declined for the fourth straight month in June on lower energy prices, Destatis reported.<\/p>\n<p>The producer price index dropped 1.3 percent year-on-year in June, faster than the 1.2 percent fall in May. This was the fourth consecutive decrease. <\/p>\n<\/p>\n<p>Business News<\/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 Edge Higher In Cautious Trade<\/a><br \/>\n<br \/>2025-07-18 09:05:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks traded higher on Friday as robust U.S. economic data and encouraging tech earnings helped ease tariff-related concerns for now. The pan European STOXX 600 rose 0.4 percent to&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62070,"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-62069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62069","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=62069"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62070"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}