European equities tumbled further on Friday, rounding off their worst week since Russia's full-scale invasion of Ukraine in February 2022, amid rising investor concerns over the economic implications of sweeping tariffs announced by the United States.
By 11:00 Central European Time, the Euro STOXX 50 was down 2.2%, taking weekly losses to 5.9%. The broader Euro STOXX 600 index also fell 2.1%, extending its drop for the week to 5.4%. Major national indices followed suit, with Germany’s DAX losing 1.8%, France’s CAC 40 shedding 1.7%, and steep losses recorded in Southern Europe: Spain’s IBEX 35 dropped 4.1% and Italy’s FTSE MIB fell 3.9%.
