LIVE MARKETS-Europe before the bell: steady as she goes
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EUROPE BEFORE THE BELL: STEADY AS SHE GOES
European equity futures are pointing to a slightly higher open on Tuesday as markets digest the latest update on tariffs from the Trump administration.
On Monday, the U.S. president said autos tariffs were coming soon, even as he indicated that not all the threatened levies would be imposed on the April 2 deadline.
Investors have been bracing for broader, reciprocal tariffs to take effect next week but have interpreted Trump's comments as a sign of flexibility.
U.S. stocks ended Monday sharply higher - the S&P 500 .SPX climbed 1.8% to its highest in over two weeks.
Euro STOXX 50 futures STXEc1 are up 0.2% on Tuesday, while futures in London FFIc1, Paris FCEc1 and Frankfurt FDXc1 are flat to up 0.3%.
In corporate news, British energy company Shell SHEL.L could be in focus after it said it would boost shareholder payouts to up to 50% of cash flow ahead of its closely watched capital markets day.
(Samuel Indyk)
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