European stocks see red across the board as Trump tariffs weigh
Read full post at forexlive.com
- Eurostoxx -2.1%
- Germany DAX -2.2%
- France CAC 40 -2.1%
- UK FTSE -1.2%
- Spain IBEX -1.2%
- Italy FTSE MIB -1.7%
It’s looking rough out there for stocks with US futures also being hammered down. S&P 500 futures are lower by 3.1% as tech shares are leading the declines there. Nasdaq futures are down 3.5% currently. The worst part for risk trades is that the real uncertainty is only beginning with regards to Trump’s tariffs. There’s still so many questions up in the air, not least with how other countries are going to retaliate in the days/weeks ahead.
This article was written by Justin Low at www.forexlive.com.
Leave a Reply