European stocks close higher as investors await U.S. trade deal developments
Stock markets in Europe rose, awaiting several trade deal announcements from the White House in the coming days.
The Stoxx Europe 600 index provisionally closed 0.4% higher. Regionally, France’s CAC 40 and Germany’s DAX were up 0.4% and 1.1%, respectively. Meanwhile, the FTSE 100 was the only major index to decline, by 0.2%.
Treasury Secretary Scott Bessent said Monday on CNBC’s “Squawk Box” that there would be several trade announcements over the next 48 hours, adding that he expects “it’s going to be a busy couple of days.” However, Bessent did not specify which countries would be involved.
Although Capgemini’s shares have fallen more than 5% so far during today’s session, shares of its takeover target WNS are telling a different story.
WNS’s U.S.-listed stock was last seen 15.7% higher in pre-market trade, as investors reacted to the news that it would be bought by France’s Capgemini in a $3.3 billion cash deal. WNS offers businesses technology outsourcing and analytics services.
Source : CNBC
