European stocks kick off 2025 on a positive note

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European markets kicked off 2025 in positive territory on Thursday.

Oil and gas and mining stocks led gains and were last 1.47% and 1.32% higher respectively. Banks, meanwhile, dipped 0.1% and media stocks fell 0.33%, making them the only two sectors to pull back.were slightly higher as trading got underway for 2025. Traders hope that the market can regain the momentum that propelled it to log two straight years of annual gains above 20%.

Trump tariffs pose a greater threat to South Korea's economy than domestic political chaos, BOK official suggests Although U.S. stocks fell in weak trading in the final days of 2024, the year still produced solid gains; the S&P 500 surged 23% last year, while the 30-stock Dow added nearly 13%. Fueled by the enthusiasm around artificial intelligence and interest rate cuts, theThe Federal Bureau of Investigation said it's possible the suspect, who drove a truck into a crowd, wasn't"solely responsible" for the incident, in which at least 15 people died.

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