Business

European stocks extend losses, banks drop 5.8% amid tariff uncertainty

European stock markets continued their downward trend on Friday as investors reacted to the U.S. tariffs announced earlier in the week. The regional Stoxx 600 index dropped by 1.7%, while the banking sector fell an additional 5.8%, following a 5.53% drop on Thursday. The Stoxx 600 closed 2.57% lower on Thursday as the world grappled […]