European stocks closed mostly weak on Monday due to geopolitical tensions and changes to the H-1B visa regime. Profit warnings from major auto companies also contributed to the cautious mood. The pan European Stoxx 600 ended 0.1% down, with Germany’s DAX and France’s CAC 40 closing lower. In the UK market, Diageo, Coca-Cola Europacific Partners, and British American Tobacco closed down, while miners like Endeavour Mining and Fresnillo saw gains. In Germany, Volkswagen and Porsche Automobil Holding faced losses, while GEA Group and Scout24 SE were among the gainers. In France, Safran announced a share buyback program, leading to a 1% gain.

Read more at Nasdaq: European Stocks Close Mostly Lower After Cautious Session