Market Report - Europe

Europe open: Powell remarks hit shares; Defence stocks get boost from Trump

By Frank Prenesti

Date: Wednesday 24 Sep 2025

(Sharecast News) - European shares opened sharply lower after US Federal Reserve chair Jerome Powell said equities were overvalued, while traders also assessed President Donald Trump's u-turn on the Ukraine war, which boosted defence stocks.


The pan-regional Stoxx 600 index was down 0.45% in early deals with all...

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