• Sat, Mar 7, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

14 October 2025 14:39  |

Trade War Pressures European Stocks

European stocks fell on Tuesday, with the STOXX 50 down 1% and the STOXX 600 down 0.8%, after posting sharp gains in the previous session. Mining, automotive, banking, and industrial sectors led the decline due to renewed concerns over the US-China trade dispute. Both countries began imposing new port fees on each other's ships, fueling concerns about the outlook for global trade.

On the corporate side, several earnings reports soured market sentiment. BP fell around 2% after warning of a potential impairment charge of up to $500 million in the third quarter, while Rio Tinto fell 1.4% on disappointing production reports. Shares of giants like LVMH, ASML, and Siemens also fell between 1.3% and 2.7%, and Michelin plunged as much as 10%. Conversely, Ericsson surged 13% after reporting earnings that beat market expectations. (asd)

Source: Newsmaker.id

Related News

MARKET UPDATE

Asian Markets Tend to Be Cautious Following US Data Release...

Asian stock markets opened without a clear direction on Wednesday (August 6th), after weak US services sector data fueled unc...

6 August 2025 07:48
MARKET UPDATE

Asian Stocks Down, Focus on Korea, Middle East

Asian stocks started the week on a weak note, as investors grappled with South Korea’s political turmoil and awaited fresh ...

9 December 2024 07:43
MARKET UPDATE

Asian Stocks Drop as Trump’s Tariff Deadline Nears

Asian shares slumped at the open as White House pushing ahead with sweeping tariffs on trading partners including a 104% le...

9 April 2025 07:25
MARKET UPDATE

Asian Stocks Fluctuate on Hints of Tariff Relief

Stocks remained volatile in Asia after U.S. Commerce Secretary Howard Lutnick suggested the Trump administration may lift som...

5 March 2025 07:32
BIAS23.com NM23 Ai