Overview

• Paris’s CAC 40 tumbled 0.69% to 7,744.41 on Tuesday as 189 Stoxx Europe 600 companies prepare second-quarter results and the ECB meeting looms.
• The S&P 500 closed at a fresh high of 6,309.62 while the Nasdaq dipped 0.39% and the Dow Jones rose 0.40% as markets awaited Alphabet and Tesla earnings.
• President Trump’s August 1 deadline for trade agreements or 30% US tariffs on EU imports has intensified scrutiny of US-EU negotiations.
• A nearly 9% euro rally since April to $1.18 is eroding export competitiveness and adding to corporate profit concerns.
• Stellantis posted a €2.3 billion H1 loss with €300 million linked to new US tariffs and General Motors said duties shaved $1.1 billion off its Q2 results, highlighting trade vulnerabilities.