European shares mixed on Tuesday

European shares showed a mixed performance on Tuesday as investor sentiment remained fragile amid heightened economic uncertainty stemming from US President Donald Trump’s renewed attacks on Federal Reserve Chair Jerome Powell.

In a post on his social media platform, Truth Social, Trump referred to Powell as “Mr. Too Late” and a “major loser,” warning that failure to cut interest rates could weaken the US economy. The remarks added to ongoing market jitters over US monetary policy and global trade tensions.

The pan-European STOXX 600 slipped 0.29 per cent by 10:22 GMT. Germany’s DAX fell 0.28 per cent, and France’s CAC 40 declined 0.24 per cent.

In contrast, the UK’s FTSE 100 rose 0.33 per cent, as British stocks reopened slightly higher after the long Easter weekend. Spain’s IBEX 35 also edged up 0.21 per cent.

Attribution: Investing.com, Amwal Al Ghad English, Reuters

Subediting: Y.Yasser