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<Europe>European Stocks Dip in Early Trade, as Mkt Watchful of US-CN Trade Tensions; DJIA Futures Dive 270Pts+
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Major European stock markets softened in early session today (11th) as markets stayed watchful of U.S.-China trade tensions. Following the U.S. announcement of a 90-day suspension of reciprocal tariffs on the EU, the EU paused its countermeasures against U.S. tariffs for 90 days. However, after China raised tariffs on U.S. goods to 125%, U.S. stock futures, which had initially recovered losses, ebbed back. The STOXX 600 dipped 5 points or 1% to 482. The FTSE 100 sagged 22 points or 0.3% to 7,891. The CAC 40 declined 64 points or 0.9% to 7,061. The DAX dived 279 points or 1.4% to 20,283. The IBEX 35 dropped 60 points or 0.5% to 12,246. The FTSE MIB slid 480 points or 1.4% to 33,796. For U.S. stock futures, DJIA futures tumbled 276 points to 39,521; S&P 500 futures shrank 36 points to 5,266; and Nasdaq 100 futures subsided 144 points to 18,339. AAStocks Financial News |
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