Global markets today: World shares slip after US stocks hit new highs; tariff deadline casts shadow

Global stock markets experienced a downturn on Friday, influenced by investor apprehension surrounding the impending July 9 tariff deadline set by President Trump. European markets opened lower, while Asian markets displayed mixed performance. Wall Street’s recent gains, driven by a strong US jobs report, contrasted with the prevailing unease over potential trade friction, impacting commodity and currency markets as well.

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