Küresel stock markets rebounded from the previous day’s selloff, ahead of major tech earnings and central bank rate decisions.
Tesla’s stock retreated sharply, erasing most of the gains from the Trump-led surge. BYD’s partnership with DeepSeek to develop its autonomous vehicle poses the biggest threat to Tesla’s competitiveness.
European stock markets continued their climb, with the DAX repeatedly reaching new highs this week. Performance was driven by expectations of loosening monetary policy and strong corporate quarterly earnings.
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