European Stocks Plummet to January 2024 Lows Amid Trade War Panic

Reported about 18 hours ago

European stocks have seen a dramatic decline, reaching their lowest levels since January 2024, as investors react to the economic fallout from the ongoing global trade war fueled by aggressive tariffs from the Trump administration. The Stoxx Europe 600 Index fell significantly, led by losses in defense stocks as well as energy and technology sectors. Experts suggest that investors are now shunning economically sensitive shares in favor of more stable sectors, while uncertainties surrounding tariff negotiations continue to loom.

Source: YAHOO

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