European stocks dip at end of holiday-shortened week [Yahoo! Finance Canada]
TULLOW OIL PLC UNSP/ADR (TUWOY)
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Source: Yahoo! Finance Canada
focussed on economic data for clues on the path of interest rates as well as potential changes in U.S. policies under a Donald Trump presidency. The pan-European STOXX 600 index dipped 0.1% by 0815 GMT, but looked on course for a 0.7% rise for the week, marked by light trading activity as traders returned from their New Year holidays. Swiss stocks rose 0.5% in their first trading session of 2025, while the German DAX dipped 0.2% and France's CAC 40 slid 0.5%. China-exposed sectors such as miners and automakers came under pressure even after a Beijing official said China would sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives. Investors have been worried about China's economy and a looming trade war with the U.S. ahead of Donald Trump's presidential inauguration on Jan. 20. Among stocks, Tullow Oil surged 12.5% after the West Africa-based company said it would not have to pay $320 million in taxes aft
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