European stock markets saw mostly upward movement following gains in Asia, despite ongoing concerns about President Trump's tariffs. Nvidia shares soared 5.2% in pre-market as the CEO announced approval to sell advanced chips to China. Germany's DAX rose 0.3%, CAC 40 slightly increased, and the FTSE 100 remained stable. Asian markets also displayed positive movements, with Japan’s Nikkei 225 up 0.6%. However, worries persist about the impact of tariffs on export economies, although negotiations could change outcomes before their implementation on August 1.
Shares were mostly higher in Europe as gains in Asian markets were seen, despite ongoing concerns surrounding President Trump's recent updates to tariffs.
Nvidia's shares rose 5.2% after the CEO noted the Trump administration would permit sales of its advanced H20 chips to China.
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