European Shares Decline On Trade Deal Anxiety
European shares fell on Tuesday due to disappointing earnings and trade deal anxieties, with the pan-European STOXX 600 down 0.4%. The EU is reportedly preparing retaliatory measures against U.S. tariffs, while the U.K. budget deficit widened significantly. Notable declines included Akzo Nobel NV (-3%), Givaudan (-5.4%), and Sartorius AG (-7.3%). In contrast, Integrum AB shares surged 110% following a takeover offer recommendation. Overall, market sentiment remains cautious amid ongoing trade tensions and economic concerns.