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European Markets Steady Amid Trade War Concerns
European stocks remained steady at the start of the trading week on Monday, March 17, 2025, amid cautious sentiment due to ongoing concerns over trade wars.
Stoxx 600 Index Performance:
The pan-European Stoxx 600 index stabilized after a previous weekly loss caused by uncertainty over U.S. tariffs and fears of an economic slowdown.
Sector Performance:
Oil & Gas Sector: Rose 0.7%, supported by rising oil prices amid supply concerns.
Healthcare Sector: Gained 0.6%.
Key Market Drivers:
Trade War Concerns: Persistent worries about the impact of U.S. tariffs on global economic growth.
Monetary Policy: Investors are awaiting the Federal Reserve’s interest rate decision on Wednesday, with expectations that rates will remain unchanged.
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