STOCK EXCHANGE: A fragmented opening in Europe

After a while of trading, the broad Stoxx 600 index was down 0.02 percent. France’s CAC 40 index was up 0.1 percent, Germany’s DAX index was up 0.2 percent and Britain’s FTSE 100 index was down 0.03 percent. The OMXS30 index, which follows the Stockholm Stock Exchange, was down 0.1 percent.

Yesterday, Wednesday, Germany’s DAX index reached record readings for the second time in the same week. The index was raised by the sportswear giant Adidas rise after the earnings report. Adidas said that the company’s sales increased by 19 percent in the fourth quarter, which led to a price increase. On Wednesday, the Adidas stock ended up with a six percent increase.

Among other things, the bill included a Dutch semiconductor company ASML Holdingwhose share fell by more than four percent. Prime Minister of the Netherlands Dick Schoof said that he expects that Trump will put pressure on limiting the export of ASML’s products to China, says Bloomberg. There was already pressure from the United States Joe Biden administration, and the same is expected to continue under the new president. The Netherlands has already restricted the export of ASML to China due to pressure from the United States.

On Thursday, the new president of the United States Donald Trump speaking remotely at the World Economic Forum in Davos, Switzerland. The listeners are particularly interested in getting more information about Trump’s plans to impose tariffs on products exported to the United States.

In addition to Trump, the president of Argentina will also speak at the forum Javier Miley.

Wall Street is expected to open lower on Thursday based on futures.