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STOXX Follow your favorite stocks CREATE FREE ACCOUNT A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City. Doug Kanter | AFP | Getty Images This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are.
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indexes rose Monday on soft oil prices while investors awaited Big Tech earnings. The pan-European Stoxx 600 index climbed 0.41% after a choppy day of trading .
Shares of Dutch health product giant Philips slumped 16.9% after the company cut its full-year forecast on weak demand from China. Volkswagen puts the brakes on expenses Volkswagen is considering pay cuts, layoffs and plant closures in Germany, as part of plans to overhaul its business, the company's works council said on Monday.
Volkswagen isn't earning enough revenue from its car sales, said Thomas Schäfer, chief executive of Volkswagen Passenger Cars, while it's facing increased competition from Chinese EVs. Trump accuses Taiwan of stealing business Former U.S.
President Donald Trump accused Taiwan of stealing the country's chip business, he said on "The Joe Rogan Experience" podcast. Trump also said he would implement tariffs on Taiwan if he were elected president. Bernstein analyst Stacy Rasgon told CNBC th.