European stocks FTSE

Brussels — European stocks turned in a mixed performance on Monday with investors mostly making cautious moves with their focus on EU-US trade negotiations and corporate news.

According to reports, EU leaders are preparing for a showdown over U.S. tariff threats, pressing the European Commission to launch countermeasures, including tariffs on US goods, restrictions on digital services, and limits on public procurement access.

The pan European Stoxx 600, the UK’s FTSE 100 and Germany’s DAX crept up 0.01%, 0.05% and 0.02%, respectively. France’s CAC 40 ended down 0.25%. Switzerland’s SMI closed down 0.38%.

Among other markets in Europe, Belgium, Finland, Iceland, Ireland, Russia, Spain, Sweden and Turkey closed higher.

Denmark, Greece, Netherlands, Norway and Poland ended weak, while Czech Republic and Portugal closed flat.

In the UK market, which failed to set an intraday high despite ending above 9,000 points for the first timre, mining stocks gained thanks to firm iron ore prices. Antofagasta, Endeavour Mining, Fresnillo, Anglo American and Glencore gained 3 to 5%.

In the German market, BASF, Puma, E.ON, Vonovia, RWE, Daimler Truck Holding, Commerzbank, BMW, Deutsche Bank and Infineon gained 1 to 2.3%.

In France, ArcelorMittal rallied nearly 4.5%.