European Closes: Euro Stoxx 50 -3.64% at 5,774, Dax 40 -3.59% at 23,753, FTSE 100 -2.75% at 10,484, CAC 40 -3.46% at 8,104, FTSE MIB -3.92% at 44,468, IBEX 35 -4.55% at 17,062, PSI -4.24% at 8,879, SMI -2.88% at 13,418, AEX -2.55% at 990

The sharp declines in major European indices, with the Euro Stoxx 50 down over 3.5%, suggest significant market volatility and possibly negative sentiment influenced by macroeconomic factors or geopolitical events. This downturn could trigger re-evaluations in risk appetite across asset classes, particularly if concerns linger into the US trading session, impacting equities, fixed income, and currency markets.