by Diana Mandia

(Reuters) – Wall Street is expected slightly on Friday and European scholarships evolve in dispersed order on mid -session, while remaining close to their previous day records, helped by the gains of the French giant of luxury Hermès and a cautious optimism on American customs duties.

Futures in New York indices report an opening of Wall Street down 0.27% for the Dow Jones, by 0.13% for Standard & Poor’s-500 and 0.14% for NASDAQ.

In Paris, the CAC 40 earns 0.40% at 8,196.97 points around 12:25 pm GMT. In Frankfurt, the Dax fell 0.28% and in London, the FTSE 100 yields 0.14%.

The Eurostoxx 50 index increased by 0.21%, the FTSEUROFRST 300 of 0.10%and the Stoxx 600 of 0.09%.

The day before, the Stoxx and the Dax have reached new closing records and the two clues should record their eighth consecutive weekly gain.

If Donald Trump unveiled a roadmap on Thursday to establish so -called reciprocal customs duties on imports from countries with taxes on American products, he has not yet announced a concrete implementation.

“It seems that everyone wants to avoid a total trade war (…) It feels like the situation is not as serious as it could be and it is the feeling that we have on stock market markets, “said Daniela Hathorn, analyst at Capital.com.

On the macroeconomic front, investors learned on Friday that the economy of the euro zone had experienced slight growth in the last quarter of 2024, while the first estimate published in late January by Eurostat reported stagnation.

Across the Atlantic, investors await the publication of retail and industrial production figures before the opening of the scholarship. On Thursday, data showed that production prices increased in January but that basic elements, scrutinized by the American Federal Reserve (Fed), had stagnated or decreased.

The values ​​to follow at Wall Street

Airbnb advances from 14% in a forefoot, the short-term rental platform that announced on Thursday evening an increase in its quarterly turnover while the demand for international travel has remained solid.

Values ​​in Europe

Hermès took 0.3% after the French luxury group reported an increase of 17.6% of its sales in the fourth quarter, overshadowing its competitors in a difficult context for the rest of the sector. However, it reduces its earnings after climbing more than 3% at the opening.

Other groups in the luxury industry are growing in its wake: Christian Dior takes 0.5%, LVMH wins 1%and Kering 2%.

The European luxury index takes 0.8%.

The basic resources sector is advancing 2.06%, supported by the increase in metal prices in the hope that customs duties provided for by US President Donald Trump will not come into force immediately. In Paris, Eutelsat lost 16% after the publication of its financial results and the announcement of several changes within its administration, including the departure of the chairman of the board of directors, Dominique d’Hinnin.

Lagardère, who reported on Thursday of a current operating profit up 14% in 2024, took 9.7%.

RATE

Bond yields are advancing slightly in the euro zone after the sharp decline in the day before: that of the German Bund at ten years is 2.4340% and that of its counterpart at two years to 2.1010%, both up about a base point.

In the United States, the yield of Treasuries at ten years takes 1.2 base points at 4.5366% after the drop in Thursday in reaction to mixed prices for production prices.

Changes The dollar loses 0.29% in the face of a basket of reference currencies due to the relief observed on American customs duties.

The euro earns 0.03% to 1.0467 dollars.

OIL

Prices for oil are growing and are about to end three consecutive weeks of decline, supported by the increase in fuel demand and expectations of negotiations on reciprocal customs duties announced by the United States.

Brent took 0.67% at $ 75.52 per barrel and American light crude (West Texas Intermediate, WTI) gained 0.53% to $ 71.67.

(Some data may accuse a slight offset)

(Written by Diana Mandiá, edited by Blandine Hénault)

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