by Pauline Foret

(Reuters) – Wall Street is expected on a cautious note on Friday while European stock markets advance at mid-session with the exception of Footsie, investors still hoping for a less aggressive policy than expected from Donald Trump on customs duties while the pace of corporate results publications will accelerate.

Futures on New York indices signal an opening down 0.21% for the Dow Jones, 0.11% for the Standard & Poor’s-500 and 0.06% for the Nasdaq.

In Paris, the CAC 40 gained 0.71% to 7,949.04 points around 1:10 p.m. GMT, driven by the rise in luxury values ​​in the wake of results considered reassuring from Burberry. In Frankfurt, the Dax advanced by 0.17% while in London, the FTSE 100 lost 0.34%.

Despite Burberry’s surge, the London index is penalized by the rise in the pound sterling likely to slow down export-focused companies.

The EuroStoxx 50 index is up 0.36%, the FTSEurofirst 300 is up 0.37% and the Stoxx 600 is up 0.36%, to reach a historic high.

VALUES TO FOLLOW AT WALL STREET

Boeing warned on Thursday that its fourth-quarter loss would reach $4 billion (3.81 billion euros), or a loss of $5.46 per share. Analysts had expected a loss of $1.84 per share. The stock fell 1.8% in pre-market trading.

VALUES IN EUROPE

In Europe, the good results and the consequent increase of Burberry (+13.8%) are driving the luxury sector and in its wake the Stoxx 600, upwards.

The sector index advanced by 2.2%, driven by individual values ​​such as Kering (+8.1%), Moncler (+4.87%), Hugo Boss (+2.14%) and even LVMH ( +2.1%).

Sectors heavily exposed to China are also climbing after the latest statements by Donald Trump, who told Fox News on Thursday that he had a “friendly” conversation with Xi Jinping and believed he could reach a trade deal with China.

The automotive sector advances by 1.64% and that of basic resources by 2.12%.

Among the losers of the session, Ericsson lost 10.06% after reporting adjusted operating profit lower than expectations in the fourth quarter.

RATE

American bond yields change little but remain at high levels, suspended from Donald Trump’s potential decisions on customs duties.

The yield on ten-year Treasuries climbed 0.1 bp to 4.6377%, while the two-year fell 1.1 bp to 4.2741%.

In Europe, the yield on the ten-year German Bund rose by 3.4 bp to 2.5460% and the two-year by 4.6 bp to 2.2890% after PMI data deemed reassuring in Germany.

CHANGES

The dollar fell against the euro, the yen and the yuan after Donald Trump’s remarks on his “friendly” conversation with Xi Jinping and the increase in interest rates decided by the Bank of Japan.

The greenback loses 0.28% against a basket of reference currencies

The euro advances 0.5% to 1.0466 dollars.

OIL

Crude prices are rising but remain on track to end in a weekly decline after Donald Trump announced his plans to encourage American production and asked OPEC to ensure that prices fall.

Brent gained 0.7% to $78.83 per barrel and American light crude (West Texas Intermediate, WTI) 0.62% to $75.08.

(Written by Pauline Foret, edited by Blandine Hénault)

Copyright © 2025 Thomson Reuters