European equities hit a six-month low on Monday amid global market concerns over a potential U.S. economic downturn. The STOXX 600 index declined by 3.1%. Financial sectors experienced the most substantial losses. Galderma and OCI Global were notable exceptions, showing gains due to acquisition-related developments by L’Oreal and Woodside Energy, respectively.
2 top stock recommendations from Rahul Sharma
Now, once the dip gets bought into, we feel the turnaround could take us to 24,000, 24,200 over the next 8 to 10 trading sessions
February 6, 2025