European Tech Stocks Jump After U.S. Tariff Pause -- Market Talk

Dow Jones
04-10

0803 GMT - European tech stocks follow the U.S. and stage a strong recovery at market open after the suspension of tariffs on dozens of countries, barring China. Germany's Infineon Technologies jumps 14.9%, BE Semiconductor Industries advances 13.7%, while shares in Dutch peers ASML Holding and ASM International rise 10.2% and 13.7%, respectively. Swiss semiconductor manufacturer STMicroelectronics is up 12% and German software maker SAP gains 8.7%. The Stoxx Europe 600 technology index gains 9.1%. (maitane.sardon@wsj.com)

 

(END) Dow Jones Newswires

April 10, 2025 04:03 ET (08:03 GMT)

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