European Indexes Open Lower on U.S. Trade Tariff Threat -- Market Talk

Dow Jones

2025/02/03

0817 GMT - European indexes trade down in opening European trade after President Trump outlined sweeping tariffs on Mexico, Canada and China, and signalled the European Union will be next. Germany's DAX falls 2.1%, Spain's IBEX 35 slips 1.8% while Italy's FTSE MIB trades 1.6% down. France's CAC 40, Switzerland's SMI and the Netherlands' AEX all fall 1.5% and the U.K.'s FTSE 100 falls 1.1%. The Euro Stoxx 50 is down 2.1% and the broader Stoxx Europe 600 is down 1.3%. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

February 03, 2025 03:17 ET (08:17 GMT)

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