European markets experienced a sharp decline on Friday, reversing earlier weekly gains due to renewed trade war anxieties sparked by U.S. President Trump’s tariff threats. Auto stocks led the downturn, while political uncertainty in France also weighed on investor sentiment. This late-week sell-off overshadowed earlier optimism driven by monetary policy hopes and AI enthusiasm.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongoing Iran-Israel/US