"European Stocks" European stocks fell in early trading, with technology, aviation, and mining stocks weaker, while oil stocks rose

AASTOCKS
2026.04.02 09:02

European stocks fell in early trading as U.S. President Donald Trump indicated that more attacks on Iran would be carried out, dampening market hopes for a short-term ceasefire in the Middle East.

The pan-European STOXX 600 index fell by 5.52 points or 0.9% to 592.17 points; the UK FTSE 100 index dropped by 1 point to 10,362 points; the French CAC 40 index decreased by 63 points or 0.8% to 7,917 points; the German DAX index fell by 342 points or 1.5% to 22,956 points; the Spanish IBEX 35 index declined by 185 points or 1.1% to 17,395 points; the Italian FTSE MIB index dropped by 454 points or 1% to 45,260 points.

Technology stocks were weak, with semiconductor stocks STMicroelectronics and Infineon, as well as lithography equipment manufacturer ASML and chip equipment maker ASM each falling over 4%. Airline stocks Lufthansa and Air France-KLM dropped by 4% and 3.5%, respectively. Silver miner Fresnillo fell by 5%, while copper miner Antofagasta and resource stock Anglo American each dropped over 3%. Oil stocks BP and Repsol each rose over 4%.

In U.S. stock futures, Dow futures fell by 449 points or 1% to 46,357 points; S&P 500 futures dropped by 77 points or 1.2% to 6,540 points; and Nasdaq 100 futures fell by 362 points or 1.5% to 23,832 points.

In the Asia-Pacific stock markets, the Shanghai and Hong Kong stock markets each fell by 0.7%, while the Shenzhen and Taiwan stock markets dropped by 1.6% and 1.8%, respectively. The Japanese and South Korean stock markets fell by 2.4% and 4.5%, respectively, while the Australian stock market declined by 1.1%, and the New Zealand stock market rose by 0.6%. The Indian and Singaporean stock markets recently fell by 0.3% and 0.6%, respectively