European Stocks Slip as Peace Hopes Falter -- Market Talk

Dow Jones04-02

0724 GMT - European stocks are down at the open after President Trump's address disappointed investor hopes of a prompt de-escalation to war in the Middle East. Banks and industrial stocks slip as the Europe-wide Stoxx 600 falls 1.2%, largely reversing gains made in the last session. Germany's DAX slides 1.5% as energy-intensive manufacturing stocks fall, while Deutsche Bank loses 3.1%. In Paris, losses for luxury stocks and industrials drag the CAC 40 1.25% lower. Italy's FTSE MIB and Spain's IBEX 35 drop 1.2% and 1.3%, respectively. Gains for oil majors in London cushion the FTSE 100's losses as the index slides 0.7%.(josephmichael.stonor@wsj.com)

 

(END) Dow Jones Newswires

April 02, 2026 03:25 ET (07:25 GMT)

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