🇪🇺 European Corporates Under Pressure:

Firms with heavy exposure to the U.S. market — including BMW, LVMH, and Diageo — took an early hit as fears over potential tariffs rattled investors.

💻 U.S. Tech Takes a Blow:

The Nasdaq came under noticeable strain, with major names such as Nvidia, Tesla, and Amazon posting sharp declines before markets stabilized. The sell-off was driven by concerns that Europe could retaliate against U.S. big tech firms.

🛡 Defense Stocks Hold Firm:

In contrast, defense contractors remained well supported even after the broader market rebounded, reflecting a “just-in-case” positioning amid lingering geopolitical risks.

Overall, the episode highlights how globally interconnected markets have become highly sensitive to political headlines, reacting quickly to policy rhetoric while still largely betting that the most severe threats will eventually be diluted or walked back.#GlobalMarkets #Stocks #Geopolitics #TechStocks #EuropeanMarkets