Key points:
- Europe’s stocks hit ATH
- Trump’s tariffs get cracking
- S&P 500 dives underwater
Pan-European index it leaving its US counterpart in the dust — it’s up roughly 10% this year while the S&P 500 is underwater.
Stoxx 600 Hits Record High
- The Stoxx 600 index SXXP clocked a fresh record high on Monday as traders and investors were feeling optimistic to bet on European shares and shun their US counterparts. The S&P 500 logged a 1.8% loss at its cash session as the investment mood soured on Trump’s tariff hikes and trade…