LONDON \u2014 European stocks opened slightly higher on Thursday, as global markets weigh up the fate of U.S. President Donald Trump’s trade tariffs.<\/p>\n
The Stoxx 600<\/a> index was up 0.1% at the open before quickly falling to the flatline. Travel stocks tumbled 1.3% as technology shares \u2014 which have suffered this week on broad risk-off sentiment \u2014 rose 0.3%.<\/p>\n Traders are keeping a close eye on Trump’s tariffs landscape after a federal appeals court\u00a0deemed most of the tariffs illegal<\/a>\u00a0last week. On Wednesday night, the president asked the\u00a0Supreme Court<\/a>\u00a0to quickly accept and rule on an appeal seeking to overturn\u00a0the lower court decision<\/a>.<\/p>\n Trump is asking the Supreme Court to hear arguments on his appeal in early November and issue a final decision on the legality of the disputed tariffs soon afterward, according to filings obtained by NBC News from the plaintiffs in the case.<\/p>\n Wall Street will glean more insight into the labor market Thursday. The ADP private payrolls report is expected to show a softer print. Economists polled by Dow Jones expect private employers added 75,000 jobs in August, down from 104,000 jobs previously. The latest jobless claims data is expected to show a slight uptick.<\/p>\n Those reports come ahead of Friday’s big jobs report, which will determine the near-term outlook for a stock market that has been on edge.<\/p>\n