"European Stocks" European stocks are generally weak in the early stage, with car stock Stellantis dropping over 18%

The European Central Bank and the Bank of England both maintained their benchmark interest rates on Thursday (5th), in line with expectations. European stock markets were broadly weaker in the early session on Friday (6th), dragged down by declines in individual stocks, with the market focusing on the recent downturn in U.S. tech stocks.

The pan-European STOXX 600 index fell by 0.22 points to 611.43 points; the UK FTSE 100 index dropped by 28 points or 0.3% to 10,280 points; the French CAC 40 index decreased by 20 points or 0.2% to 8,217 points; the German DAX index fell by 9 points to 24,481 points; the Spanish IBEX 35 index declined by 30 points or 0.2% to 17,716 points; and the Italian FTSE MIB index dropped by 396 points or 0.9% to 45,423 points.

Stellantis disclosed a €22.2 billion impairment on electric vehicle development in the second half of last year, causing its stock price to plummet by 18.5%. Société Générale's fourth-quarter earnings exceeded expectations, and it raised its profit forecast for this year, but its stock still fell by 4%. Novo Nordisk's stock rebounded by 4.7% after the U.S. Food and Drug Administration indicated it would take action against illegally copied drugs. Danish wind power company Orsted rose by 5% in the early session, as it expects its core earnings to meet targets this year.

In U.S. stock futures, the Dow futures were flat at 48,998 points; S&P 500 futures fell by 7 points or 0.1% to 6,813 points; and Nasdaq 100 futures dropped by 73 points or 0.3% to 24,578 points.

In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets each closed down about 0.3%, Hong Kong stocks fell by 1.2%, and Taiwan stocks dropped by less than 0.1%. Japanese stocks rose by 0.8%, while South Korean and Australian markets fell by 1.4% and 2%, respectively. Indian and Singaporean stock markets recently declined by 0.2% and 0.8%