European stocks closed weak on Tuesday due to political uncertainty in France and concerns about tariffs impacting global economic growth. French bonds fell as Prime Minister Francois Bayrou called for a confidence vote, facing opposition from main parties. In the U.S., President Trump removed Federal Reserve Governor Lisa Cook, raising concerns about Fed independence. France’s consumer confidence hit a low in August, with the Stoxx 600 down 0.83%. In the UK market, Kingfisher, Convatec Group, and others lost, while Bunzl climbed. In Germany, Puma and Commerzbank fell, while Siemens Energy and Bayer gained. In France, Societe Generale and Vinci tumbled. Shop price inflation in the UK rose to 0.9% in August, driven by food prices. French consumer sentiment index dropped to 87 in August, with future financial situation assessment deteriorating.
Read more at Nasdaq: European Stocks Close Lower On Political Concerns, Tariff Worries
