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European Stocks Echo US Drop on Tariff Confusion: Markets Wrap

European stocks followed Asia lower as US President Donald Trump’s shifting approach to trade tariffs whipped up market uncertainty and dented confidence in the economic outlook. Bitcoin slumped as details of a US strategic reserve disappointed.



A volatile week ended with stocks falling amid economic uncertainties, trade war concerns, and geopolitical risks. The S&P 500 approached its worst week since September 2022, losing $1 trillion in market value over two months. US job-cut announcements surged, and markets reacted to mixed job growth data and potential tariffs. Major indexes like the Nasdaq 100, Dow Jones, MSCI World, Bloomberg Magnificent 7, and Russell 2000 all declined.

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