Back to today’s briefing

Story perspectives

European Stocks Wobble: Puma Dips, Adidas Soars Amid Trade Hopes

1/23/2025

42 8

Summary

Story summary

European stocks had a rocky start on Thursday, with the Stoxx 600 barely moving. Puma's shares plummeted 16.5% after disappointing profit forecasts for 2024, while Adidas soared with a 19% increase. Meanwhile, the FTSE 100 and Germany's DAX enjoyed modest gains as investors eagerly anticipate President Trump's speech at the World Economic Forum, hoping for clarity on tariffs and global trade.

1 of 1

Story summary

European stocks had a rocky start on Thursday, with the Stoxx 600 barely moving. Puma's shares plummeted 16.5% after disappointing profit forecasts for 2024, while Adidas soared with a 19% increase. Meanwhile, the FTSE 100 and Germany's DAX enjoyed modest gains as investors eagerly anticipate President Trump's speech at the World Economic Forum, hoping for clarity on tariffs and global trade.