{"id":65508,"date":"2025-10-17T09:07:32","date_gmt":"2025-10-17T09:07:32","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/10\/17\/european-shares-tumble-on-concern-over-credit-markets\/"},"modified":"2025-10-17T09:07:32","modified_gmt":"2025-10-17T09:07:32","slug":"european-shares-tumble-on-concern-over-credit-markets","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/10\/17\/european-shares-tumble-on-concern-over-credit-markets\/","title":{"rendered":"European Shares Tumble On Concern Over Credit Markets"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> European stocks tumbled on Friday amid renewed concerns about the <span class=\"landLinks\">health<\/span> of the U.S. banking sector. <\/p>\n<p>On Thursday, U.S.-based regional lenders, Zions Bancorp and Western Alliance Bancorp, disclosed that they were exposed to alleged fraud by borrowers, spreading jitters about credit market turmoil. <\/p>\n<p>The pan-European Stoxx 600 slumped 1.6 percent to 562.34 after gaining 0.7 percent on Thursday. <\/p>\n<p>The German DAX 1.9 percent, France&#8217;s CAC 40 shed 0.7 percent and the U.K.&#8217;s FTSE 100 lost 1.6 percent. <\/p>\n<p>Lenders Commerzbank, Deutsche Bank, BNP Paribas, Societe Generale and Lloyds Banking Group fell 3-6 percent amid signs of credit stress at U.S. regional banks.<\/p>\n<p>British education company Pearson surged 4 percent after it reported a 4 percent rise in underlying group sales for Q3 2025.<\/p>\n<p>Smiths Group advanced 1.5 percent. The industrial conglomerate has announced plans to sell or demerge two of its four core divisions.<\/p>\n<p>Volvo plummeted 7.3 percent. The Swedish automaker said U.S. tariffs are likely to weigh on North American demand for heavy-duty trucks in 2025.<\/p>\n<p>Danish drug maker Novo Nordisk plunged 6.4 percent after U.S. President Donald Trump vowed to sharply lower the price of its popular weight loss drug Ozempic.<\/p>\n<p>Spain&#8217;s BBVA soared 5.7 percent after its all-stock hostile bid to take over smaller rival Banco de Sabadell fell short of the minimum threshold. <\/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 Shares Tumble On Concern Over Credit Markets<\/a><br \/>\n<br \/>2025-10-17 09:07:32<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks tumbled on Friday amid renewed concerns about the health of the U.S. banking sector. On Thursday, U.S.-based regional lenders, Zions Bancorp and Western Alliance Bancorp, disclosed that they&#8230;<\/p>\n","protected":false},"author":2,"featured_media":65509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-65508","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65508","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=65508"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/65508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/65509"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=65508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=65508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=65508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}