European Stocks Tumble at Open -- Market Talk

Dow Jones03-23

0827 GMT - European stocks fall sharply as investors react to fresh U.S. and Iranian threats to energy assets in the Middle East. The Europe-wide Stoxx 600 index falls 1.7%, down 11% from its pre-war February levels as all sectors fall. Germany's DAX slides 1.9%, led by oil-sensitive industrial stocks fall sharply. Rheinmetall is down 2.7% while Siemens Energy falls 3.9%. The U.K.'s FTSE 100 and the French CAC 40 both fall around 1.5%. Miners that had cushioned falls in the London index last week themselves fall in early trade. Industrial giant Rolls-Royce is 4.6% lower, while steelmaker ArcelorMittal is down 3.3%. In Madrid, the Ibex 35 tumbles 2%, and the Italian FTSE MIB is 1.7% lower. (josephmichael.stonor@wsj.com)

 

(END) Dow Jones Newswires

March 23, 2026 04:27 ET (08:27 GMT)

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