
"European Stocks" European stocks fell in early trading, luxury goods stocks were weak, while oil stocks rose against the trend
Foreign media reports indicate that U.S. officials are preparing to launch an attack on Iran within days, while the Israeli military claims to target Iran's nuclear facilities. European stocks fell in early trading.
The pan-European STOXX 600 index dropped 2.64 points or 0.5%, closing at 537.69 points. The UK FTSE 100 index fell 31 points or 0.4%, closing at 8,812 points; the French CAC index decreased by 55 points or 0.7%, closing at 7,600 points; the German DAX index declined by 118 points or 0.5%, closing at 23,199 points; the Spanish IBEX 35 index fell 48 points or 0.3%, closing at 13,875 points; the Italian FTSE MIB index dropped 149 points or 0.4%, closing at 39,268 points.
The Swiss National Bank supports the Swiss government's proposal to tighten capital regulations on UBS, which fell by 1.6%. Luxury stocks were weak, with Burberry and Kering down 3.9% and 4.2%, respectively, while LVMH and Richemont fell 2.6% and 2.8%. Oil stocks rose, with BP PLC-Spons, TotalEnergies, Equinor, and Repsol increasing by 1.4% to 2.1%.
In U.S. stock futures, the Dow futures fell by 185 points to 42,327 points; S&P 500 futures dropped by 27 points to 6,007 points; and Nasdaq 100 futures decreased by 125 points to 21,820 points.
In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets fell by 0.8% and 1.2%, respectively, while the Hong Kong Hang Seng Index dropped by 472 points or 2%, closing at 23,237 points, with a turnover of 220.1 billion yuan. Japanese and Taiwanese stocks fell by 1% and 1.6%. South Korean stocks rose by 0.2%, while Australian and New Zealand stocks fell by 0.1% and 0.5%. The Indian Nifty 50 index rose by 1 point to 24,613 points. The Singapore Straits Times Index fell by 23 points or 0.6%, closing at 3,896 points. The Malaysian stock market fell by 0.6%, while the Indonesian and Thai stock markets dropped by 2.1% and 2.2%, respectively. The Hanoi stock market in Vietnam fell by 0.3%, while the Ho Chi Minh stock market rose by 0.4%. The Philippine stock market increased by 0.3%
