European shares hold ground as investors assess earnings; focus on Fed, tariff updates

European shares were flat as investors weighed earnings and awaited U.S. Fed policy signals.

Tensions rose after Trump announced 100% tariffs on foreign films, with pharma tariffs expected soon.

Vestas gained 5% on a surprise Q1 profit; Continental rose 2.8% on strong earnings.

Philips dropped 1.4% after slashing its 2025 profit margin forecast.