S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketEuropean stocks tumbled on Monday, with the STOXX 50 falling 1.3% and the STOXX 600 down 1.1%, after US President Trump announced over the weekend the introduction of a 10% tariff on goods exported to the US from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, effective February 1. The measure comes amid opposition from several European countries to US efforts to acquire Greenland. The tariff is set to rise to 25% on June 1 should no agreement be reached allowing the US to “purchase” the territory. In response, the EU is in discussions over the potential imposition of tariffs on up to €93 billion worth of US goods. Luxury stocks were among the hardest hit, with LVMH sliding 3.7%, Richemont down 4.1% and Kering losing 3.2%. The technology sector also posted sharp losses, led by ASML Holding (-2.0%), Infineon Technologies (-2.5%) and Siemens (-3.1%).
