Brief by Shorts91 Newsdesk / 12:43pm on 11 Mar 2025,Tuesday Business
European stocks remained stable Tuesday despite a sharp sell-off in U.S. markets, where the S&P 500 fell 2.7% and the Nasdaq dropped 4%. Investors reacted to President Donald Trump's comments about a "transition" period for the U.S. economy and concerns over tariffs. Tesla shares plummeted 15.4%, while Nvidia, Meta, and Amazon also saw losses. European markets showed resilience, with Germany’s DAX rising 0.4%. Analysts warn that uncertainty surrounding Trump’s policies is unsettling investors. A White House official downplayed stock concerns, emphasizing long-term business growth.
