European shares fall as trade war fears rise, with individual stocks reacting to news

From Nasdaq: 2025-02-04 04:05:21

European shares fell as new U.S. tariffs on Chinese imports took effect, sparking fears of a trade war. The STOXX 600 dropped 0.6%, with Germany’s DAX, France’s CAC 40, and the UK’s FTSE 100 also declining. Vodafone shares fell 6% after reporting revenue decline in Germany, while Diageo’s stock tumbled 4% due to scrapped sales growth guidance. Infineon Technologies soared 10% after raising full-year sales guidance. BNP Paribas added nearly 2% on a new share buyback announcement, while UBS fell 2.4% despite posting better-than-expected profit for Q4 2024.



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