Europe shares end lower as Trump's Greenland tariff threats weigh
(Il Sole 24 Ore Radiocor) - Milano, 16 gen - European shares closed lower after US president Donald Trump threatened new tariffs if countries 'don't go along with Greenland.' "I may put a tariff on countries if they don't go along with Greenland, because we need Greenland for national security," Trump said at the White House, according to AFP.
Ongoing tensions regarding the situation in Iranian also weighed.
The broader market sentiment, however, remained supported by ongoing optimism around tech and AI, which helped limit losses across the continent.
On the data front, Italy's December CPI rose 0.2% month on month and 1.2% year on year, showing a slight acceleration from November.
The London FTSE 100 closed down 0.04% at 10,235.29 points, the Frankfurt DAX fell 0.30% at 25,299.31 points, the Paris CAC 40 lost 0.65% at 8,258.94 points, while in Milan the FTSE MIB shed 0.11% at 45,799.69 points, and in Madrid the IBEX 35.
closed 0.25% higher at 17,686.66 points.
(RADIOCOR) 16-01-26 18:07:14 (0521) 5 NNNN