LONDON – European stocks fell on Friday as investors absorbed ongoing geopolitical tensions.
Pan-European Stoxx 600 fell at the opening bell on Friday, with most major stocks and sectors in negative territory.
The Dutch semiconductor equipment maker’s benchmark semiconductor stocks rose on Thursday. ASML increases to 7% in case of positive results TSMC. It closed 6% higher. ASM International increased by 11.2% and BE is a semiconductor up 7.3% on Thursday.
A few days after the US District Court for the District of Columbia the judge gave Ørsted began resuming work on his near-complete Revolution Network project, Equinor that district has cleared to resume work on its Empire Wind project. The Trump administration halted five major offshore wind developments late last year.
European troops arrived in Greenland late Thursday as Trump seeks to buy or annex the world’s largest island. A White House meeting on the future of Denmark’s territory ended without a diplomatic breakthrough on Wednesday, although the US, Denmark and Greenland agreed to continue talking.
Energy markets have been volatile recently as investors gauge Washington’s response to a violent crackdown on civil unrest in oil-rich Iran. Tariffs on Iran’s trading partners. March futures for the global benchmark Brent oil Last time, oil fell by 3.44% to $63.49 per barrel.
Silver and gold tears came to his eyes as investors seek safe bets amid concerns about the independence of the Federal Reserve System. March and February futures for metals, however, were last down 1.91% and 0.28%, respectively.
Asian chips rose to FridayAlthough trade in the Asia-Pacific region remained mixed, several regional markets were buoyed. In the States, stock futures rose after a rally in banks and tech names lifted the major averages.
There are no significant data releases to date.
— CNBC’s Chloe Taylor and Sam Meredith contributed to this report.