US major technology shares decline in Europe following Trump’s tariff warnings
US Tech Stocks Decline in Europe Following Tariff Threats
On Monday, major American technology companies experienced a drop in their European share prices after President Donald Trump announced plans to expand tariffs on European nations, stating that the measures would remain until the US is permitted to purchase Greenland.
Asian stock markets also saw declines, and European markets were anticipated to open lower as investors reacted cautiously to the developments. US markets remained closed for a public holiday.
- Alphabet's Frankfurt-listed shares slipped by 2.4%.
- Nvidia and Microsoft both saw their shares decrease by 2.2%.
Futures for the Nasdaq 100 index dropped by 1.25%.
Reported by Alun John; Edited by Amanda Cooper
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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