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04:31
France: European stocks in red amid uncertainties related to US tariffs
SHOTLIST: PARIS, FRANCE (APRIL 7, 2025) 1. VARIOUS OF EXCHANGE STOCK BUILDING 2. VARIOUS OF FALLING STOCK PRICES DISPLAYING ON BOARD PARIS, FRANCE - APRIL 7, 2025: Major European stock markets saw significant losses on Monday, as uncertainties related to the US tariffs continue. The US tariff package has raised concerns that a large-scale trade war could erupt which could lead to a global economic slowdown. Many trading partners, including China and the EU, have already announced countermeasures. Germany's DAX index posted a huge loss of around 10% to 18,523.6 early Monday as of 0715GMT. Britain's FTSE100 index lost 6% to 7,592.33 points and France's CAC 40 index dropped by 6.7% to 6,786.23. The pan-European STOXX 600 index also fell by 6.25% to 465.30.
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