European equities slump at the open today as risk mood sours

Eurostoxx -1.0%Germany DAX -0.9%France CAC 40 -1.0%UK FTSE -0.4%Spain IBEX -0.4%Italy FTSE MIB -1.2%The selloff is broad based with financials also looking heavy amid lower bond yields today. It’s a risk-off mood in markets as US-China tensions return back to the spotlight after the hopeful optimism yesterday is dashed. The clock is ticking to see if both sides can work towards another agreement of sorts before 1 November. US futures are also dragged lower with S&P 500 futures down 0.8% while Nasdaq futures are down 1.0% on the day.
This article was written by Justin Low at investinglive.com.

🔗 Read Full Article

💬 DMK Insight

**DMK Insight:** The recent selloff across European indices signals a clear shift towards risk aversion, driven by renewed US-China tensions and declining bond yields. Traders should brace for continued volatility as geopolitical concerns weigh on market sentiment, potentially creating opportunities for those looking to capitalize on dips in fundamentally strong stocks.