14:50 9 April 2025
European stocks resumed downward trend on Wednesday
After a brief rebound, European stock markets resumed their downward trend amid renewed fears over the global trade war. On Wednesday morning, the Stoxx 600 index fell 2.15%, led by sharp declines in energy, mining, and financial stocks. The drop follows the implementation of new U.S. tariffs targeting 57 countries, including a 20% tariff on EU imports and up to 104% on Chinese goods.
Major indices like France’s CAC 40, Germany’s DAX, and the UK’s FTSE 100 each dropped around 2.5%. Plunging oil prices and concerns over a possible ECB rate cut added to investor anxiety. Experts warn of serious global economic disruption as trade, capital flows, and geopolitics collide.
(pb.pl)
