Monday, 4 August 2025

European stocks recover some of their losses after a sharp sell-off

European stocks rose slightly in today’s trading, recovering some of their losses after a sharp sell-off on Friday, while Swiss shares fell to their lowest levels in more than three months as investors reacted to the imposition of massive US tariffs amounting to 39%.

The broader European Stoxx 600 index rose 0.1% to 536.61 points, after recording its biggest daily drop in more than three months on Friday. Meanwhile, Switzerland’s main index, the SMI, fell 1.5% as trading resumed after a long weekend.

The German DAX index rose 0.5% to 23,564.41 points, the British FTSE 100 index rose 0.1% to 9,084.25 points, and the French CAC 40 index rose 0.5% to 7,586.85 points.

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