European Car Stocks Climb After U.S. Court Blocks Trump's Tariffs -- Market Talk

Dow Jones

05-29

0755 GMT - European car stocks climbed on Thursday after a U.S. federal court declared almost all of Trump's trade tariffs as unlawful. The court ruled that the U.S. president doesn't have the authority to impose far-reaching tariffs. In Germany, shares of BMW and Mercedes-Benz Group trade 0.2% and 1.4% higher, respectively, whereas Volkswagen stock rises 1%. Porsche rises 1% and shares in Italy's Ferrari rise 0.3%. Shares in France's Renault are up 0.9%. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

May 29, 2025 03:55 ET (07:55 GMT)

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(nina.kienle@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 29, 2025 03:55 ET (07:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2539549231","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539549231","pubTimestamp":1748505300,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0755 GMT - European car stocks climbed on Thursday after a U.S. federal court declared almost all of Trump's trade tariffs as unlawful. 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Porsche rises 1% and shares in Italy's Ferrari rise 0.3%. Shares in France's Renault are up 0.9%. (nina.kienle@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 29, 2025 03:55 ET (07:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}