India, Feb. 14 -- European stocks closed lower on Friday, but several markets in the region still posted weekly gains, having moved higher over the past few sessions as investors shrugged off concerns about Trump administration's tariff moves and chose to focus on earnings.
Investors booked some profits. The mood remained cautious amid concerns about potential reciprocal tariffs by the United States.
U.S. President Donald Trump has announced plans to impose reciprocal tariffs on the nation's trading partners around the world, effective April 2025.
Investors, digesting the data that showed Germany's wholesale prices increased for the second straight month in December, also continued to focus on earnings updates.
Optimism about more monet...