European shares plunge to 16-month low as China retaliates to Trump tariffs

European shares dive to 16-month low on trade war gloom

European shares plunged to a 16-month low on Monday as investors grappled with the possibility of a recession after sweeping tariffs announced by United States last week.

European and Asian Markets Continue to Tumble After US Tariffs

Early trading markets in Europe tumbled, following stock slumps in Asia on April 7, after the U.S. president signaled he would not back down on his tough tariff policies. The pan-European STOXX 600, which tracks 600 companies across 17 European countries, slumped 5.8 percent at 7.22 a.m. GMT, down for the fourth straight session. In London, the FTSE 100 index of blue-chip stocks shed 4.5 percent.  Germany’s main stock market index DAX fell 6.1 p…

Stock trading apps for private investors such as Trade Republic and Scalable were struggling with technical problems on Monday morning. Obviously, they had problems with the mass of customers who were worried about their portfolio.

Stock prices are falling around the globe because investors are priceing the US President's tariff shock.

Norway’s stock market and krone tumble amid Trump tariff fallout

US President Donald Trump’s sweeping tariffs package has sent the Norwegian stock market and krone into a downward spiral.

The AEX index on the Damrak suffered the biggest daily loss since the outbreak of the corona pandemic on Monday. The Amsterdam stock exchange opened this morning with a loss of more than 4 percent, then fell to a loss of more than 6 percent and is now hovering around minus 5 percent. Minister Reinette Klever (Foreign Trade) says it is important “to stay calm”. Follow all developments about the international trade war in our live blog.