India, April 11 -- European stocks slipped into the red on Friday after logging their biggest one-day gains since 2022 the previous day as U.S. President Donald Trump decided to delay new tariffs by 90 days.
The euro surged to the highest level against the dollar in over three years after the EU said it would suspend its planned countermeasures to Trump's tariffs for 90 days.
Sterling also jumped as new data showed Britain's economy picked up faster than expected in February.
French President Emmanuel Macron said today that the U.S. tariff suspension offers only a "fragile" pause in tensions - but a vital opportunity for negotiations.
The pan-European STOXX 600 was down 0.6 percent at 484.51 after rallying 3.7 percent on Thursday.
The ...