
European Stocks: European stocks fell in the early session, with the French, British, and German markets down 0.8% to 1%, pressured by French wine stocks
European stocks fell in early trading as the market continued to focus on the U.S. threat to impose tariffs on eight NATO countries until the annexation of Greenland is completed. U.S. stock futures dropped significantly compared to last Friday (16th).
The pan-European STOXX 600 index fell by 4.94 points or 0.8%, closing at 602.12 points; the UK FTSE 100 index dropped by 96 points or 0.9%, closing at 10,098 points; the French CAC 40 index decreased by 67 points or 0.8%, closing at 8,044 points; the German DAX index fell by 242 points or 1%, closing at 24,716 points; the Spanish IBEX 35 index declined by 151 points or 0.9%, closing at 17,514 points; the Italian FTSE MIB index dropped by 430 points or 1%, closing at 44,765 points.
French car manufacturer Renault rose by over 2% after the company disclosed a 3.2% year-on-year increase in sales last year. Luxury goods stock LVMH and beverage stock Remy Cointreau each fell by 2%, as Trump threatened French President Macron to join his proposed peace committee, or else a 200% tariff would be imposed on French alcoholic beverages.
U.S. markets were closed yesterday (19th) for a holiday. In U.S. stock futures, the Dow futures fell by 756 points or 1.5%, closing at 48,791 points; the S&P 500 index futures dropped by 114 points or 1.6%, closing at 6,862 points; the Nasdaq 100 index futures fell by 494 points or 1.9%, closing at 25,195 points.
In the Asia-Pacific stock markets, the Shanghai Composite Index fell by less than 0.1%, while the Shenzhen and Hong Kong markets dropped by 1% and 0.3%, respectively. The Taiwan stock market rose by 0.4%, while the Japanese and South Korean markets fell by 1.1% and 0.4%, respectively. The Australian and New Zealand markets fell by 0.7% and less than 0.1%. The latest figures for the Indian and Singaporean stock markets showed declines of 0.8% and less than 0.1%, respectively

