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European autos and mining stocks rose, boosted by Trump's comments on tariffs.
European automotive, beverage, and mining stocks rose. The Stoxx 600 basic resources Sector was one of the best-performing sectors of the day, increasing by 2.2%; at 13:39 Central European Time, the Large Cap rose by 0.4%. Rio Tinto rose by 1.7%, Anglo American rose by 0.7%, and Glencore rose by 2.2%. A softer tariff stance pressured the dollar and boosted the prices of CSI Commodity Equity Index priced in dollars. Among Auto Manufacturers, Mercedes rose by 2%, Stellantis rose by 1.7%, BMW rose by 1.9%, Volkswagen rose by 1.7%, and the parts supplier Forvia rose by 5.6%. Chemical stocks.
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