European Closes: Euro Stoxx 50 -1.74% at 5,824, Dax 40 -2.05% at 23,955, FTSE 100 -1.71% at 10,195, CAC 40 -1.60% at 7,953, FTSE MIB -1.87% at 49,116, IBEX 35 -1.22% at 17,593, PSI -1.00% at 9,033, SMI +0.05% at 13,220, AEX -1.09% at 1,010

The European equity markets closed lower across the board, with declines led by the DAX and Euro Stoxx 50.

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European Closes: Euro Stoxx 50 -1.74% at 5,824, Dax 40 -2.05% at 23,955, FTSE 100 -1.71% at 10,195, CAC 40 -1.60% at 7,953, FTSE MIB -1.87% at 49,116, IBEX 35 -1.22% at 17,593, PSI -1.00% at 9,033, SMI +0.05% at 13,220, AEX -1.09% at 1,010

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This widespread sell-off suggests increasing risk aversion among investors, which could stem from rising concerns about economic conditions or geopolitical tensions. The mixed performance, with only the SMI closing slightly positive, indicates a divergence in sector performance that warrants further scrutiny as we head into the US session.

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