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European markets mixed in a session with scarce references

At 09:00 in Lisbon, the EuroStoxx 600 was down 0.34 percent at 550.87 points.

The stock markets in Paris, Frankfurt, and Madrid were declining by 0.55 percent, 0.30 percent, and 0.04 percent, respectively, while those in London and Milan were up by 0.22 percent and 0.09 percent.

The Lisbon stock market maintained its opening trend, with the main index, PSI, advancing by 0.22 percent to 6,847.45 points at 09:00.

As investors await peace talks in Ukraine and the Trump tariffs, it was confirmed in Spain today that the economy closed 2024 with a growth of 3.2 percent, half a point above the 2023 growth rate of 2.7 percent, driven mainly by domestic consumption and investment despite weaker external demand.

In Asia, the leading index of the Tokyo Stock Exchange, the Nikkei, rose by 0.65 percent today, following gains in the U.S. markets overnight, although these gains were limited due to uncertainty over U.S. tariffs.

Meanwhile, Shanghai’s benchmark index fell by 0.04 percent, Shenzhen’s lost 0.05 percent, and Seoul’s main index, the Kospi, gained 1.08 percent as investors were relieved by comments from U.S. President Donald Trump about possible exemptions from new tariffs on U.S. imports.

In the U.S., the stock market closed on a positive note on Tuesday, buoyed by President Donald Trump’s announcement that there would be exceptions to tariffs set to take effect in April.

The Dow Jones advanced by 0.01 percent to 42,587.50 points, compared to its all-time high of 45,014.04 points on December 4, 2024.

The Nasdaq, a high-tech stock index, rose by 0.46 percent to 18,271.86 points, against its all-time high of 20,173.89 points recorded on December 16, 2024.

German 10-year bond yields, considered the safest in Europe, fell to 2.779 percent today, down from 2.796 percent on Tuesday.

The price of Brent crude oil for May delivery, the benchmark in Europe, rose to .16, compared to .02 on Tuesday.

The U.S. benchmark, West Texas Intermediate (WTI), also increased by 0.16 percent to .12 ahead of the market opening.

Trump announced the imposition of tariffs of 25 percent on countries purchasing oil from Venezuela, directly or through third parties.

Gold prices climbed by 0.27 percent, with the price per ounce at ,029.2.

Bitcoin advanced by 0.45 percent to ,291.

The euro was down, trading at .0790 in the Frankfurt foreign exchange market, compared to .0810 on Tuesday and .0218 on January 13, the lowest since November 10, 2022.

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