Live Markets: European shares drop, earnings weigh
25/07/2025 08:55
STOXX 600 down 0.5% Puma sinks after results BoJ, Fed meet next week Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN SHARES DROP, EARNINGS WEIGH Major European equity markets are softer on Friday after some notable companies flagged tariff uncertainty and the strong euro behind their disappointing earnings. Shares in German sportswear brand Puma PUMG.DE are down 18% after it warned it make a loss in 2025 as U.S. tariffs hurt performance. Auto parts manufacturer Valeo VLOF.PA cut its 2025 sales outlook citing an adverse currency impact from the stronger euro. Its shares are down 14%. Attention next week is likely to centre on whether the European Union can reach a trade deal with the U.S. before Trump's August 1 deadline. The STOXX 600 .STOXX is down 0.5%, with decliners outpacing advancers by about 4:1. The pan-continental benchmark is eking out a 0.25% gain for the week. Germany's DAX .GDAXI, France's CAC 40 .FCHI and Britain's FTSE 100 .FTSE are down 0.3%-0.8% on Friday, although the latter is set to gain over 1% this week, its fifth straight weekly gain. Here's your opening snapshot: (Samuel Indyk) ***** EARLIER LIVE MARKETS POSTS: EUROPE BEFORE THE BELL: FUTURES SOFT BEFORE KEY WEEK CLICK HERE MARKETS CALM AFTER GIDDY WEEK OF TRADE DEALS CLICK HERE Tokyo inflation over the last five years https://reut.rs/4lLZnbd European stocks fall as earnings weigh https://reut.rs/3H3GMYO