European Stocks Fall as Tariff Confusion Returns; Novo Slumps

European Stocks Fall as Tariff Confusion Returns; Novo Slumps

European stocks fell as President Donald Trump’s latest tariff moves sowed fresh confusion over the outlook for global trade. Shares in Novo Nordisk A/S slumped after its next-generation obesity shot drug fell short of Eli Lilly & Co.’s rival blockbuster in a trial.

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