LIVE MARKETS-Who cares about tariff threats?

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WHO CARES ABOUT TARIFF THREATS?

It's been a more restful first hour of trading than in recent sessions, with the Stoxx 600 index flat, and not that much to write home about on the single stock front either.

European autos .SXAP and healthcare .SXDP stocks are showing little reaction to U.S. President Donald Trump saying he intends to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports, each down around 0.1%, and tech .SX8P is actually a bit higher.

Companies wise, the Netherlands' Philips PHG.AS is the stand out, down 10% after it missed market expectations for the final quarter of last year partly due to a double-digit decline in China.

Glencore GLEN.L dropped 7% after it reported its second consecutive year of lower profit.

(Alun John)

EARLIER LIVE MARKETS POSTS

EUROPE BEFORE THE BELL: STOCKS RALLY CALMING DOWN CLICK HERE

MORNING BID MARKETS BECOMING NUMB TO TARIFF VOWS CLICK HERE