{"id":60787,"date":"2025-06-12T17:24:52","date_gmt":"2025-06-12T17:24:52","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/12\/european-stocks-show-another-modest-move-to-the-downside\/"},"modified":"2025-06-12T17:24:52","modified_gmt":"2025-06-12T17:24:52","slug":"european-stocks-show-another-modest-move-to-the-downside","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/12\/european-stocks-show-another-modest-move-to-the-downside\/","title":{"rendered":"European Stocks Show Another Modest Move To The Downside"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks modest weakness during trading on Thursday, with lingering U.S.-China trade uncertainty and escalating tensions in the Middle East keeping investors worried.<\/p>\n<p>There was no relief from the U.S.-China trade truce as the much-hyped framework agreement lacked specifics.<\/p>\n<p>Elsewhere, U.S. President Donald Trump expressed diminished confidence in reaching a nuclear deal with Iran, emphasizing that Iran must not acquire nuclear weapons.<\/p>\n<p>Also, the U.S. has initiated a partial evacuation of its embassy in Iraq and authorized voluntary departures from Bahrain and Kuwait, citing heightened security concerns.<\/p>\n<p>The pan European STOXX 600 Index fell by 0.3 percent to 549.04 after declining 0.3 percent on Wednesday.<\/p>\n<p>The German DAX Index slid by 0.7 percent and the French CAC 40 Index edged down by 0.1 percent, although the U.K.&#8217;s FTSE 100 Index bucked the downtrend and rose by 0.2 percent.<\/p>\n<p>In economic news, official data showed the U.K. <span class=\"landLinks\">economy<\/span> shrank more than expected in April largely reflecting a fall in services output.<\/p>\n<p>Real GDP declined 0.3 percent month-on-month in April, following a growth of 0.2 percent in March.<\/p>\n<p>This was the biggest fall since October 2023. Analysts had expected GDP to drop marginally by 0.1 percent.<\/p>\n<p>Travel-related stocks moved sharply lower after weak airfare data from the United States and amid concerns about rising fuel costs.<\/p>\n<p>TUI plunged by 9.0 percent, while Deutsche Lufthansa tumbled by 3.7 percent and IAG slumped by 3.2 percent.<\/p>\n<p>Hexagon AB also showed a notable move to the downside after it announced an agreement to acquire France&#8217;s APEI, a company specializing in aerial mapping capabilities. <\/p>\n<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>European Stocks Show Another Modest Move To The Downside<\/a><br \/>\n<br \/>2025-06-12 17:24:52<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks modest weakness during trading on Thursday, with lingering U.S.-China trade uncertainty and escalating tensions in the Middle East keeping investors worried. There was no relief from the U.S.-China&#8230;<\/p>\n","protected":false},"author":2,"featured_media":60788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-60787","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=60787"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/60787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/60788"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=60787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=60787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=60787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}