Global Stocks Deteriorate, Gold Surges Amid Tariff Concerns

Global stocks, including European markets and U.S. futures, faced declines on Thursday as concerns over escalating trade tensions under President Donald Trump's policies overshadowed initial optimism from softer U.S. inflation data. The pan-European STOXX 600 index and Germany's DAX both dipped, while U.S. futures indicated a negative start for Wall Street. Analysts highlighted that Trump's recent tariffs on steel and aluminum have created uncertainties detrimental to investment and economic growth. Despite these concerns, gold prices surged, nearing record highs, as investors sought safe-haven assets amid the turmoil. Additionally, Trump threatened further tariffs on European imports, exacerbating market fears. Overall, the combination of trade policy and inflation data continues to significantly influence market sentiment and investor strategies.