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swiss stock market declines amid fears of escalating trade war

The Swiss stock market remained in the red as investors reacted to the US's announcement of a 25% tariff on imported cars, signaling a potential escalation in the global trade war. Major indices in Europe and Asia followed suit, with significant declines in automotive stocks. The SMI was down 1.27%, with only six of the thirty leading stocks showing gains, including Sandoz and Novartis.
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United States Dollar SGS SA Nestlé S.A. DEU JPN USA Frank Sohlleder Thomas Gitzel John Plassard Ipek Ozkardeskaya Show more
Finance & Economy, Market Report
11:45 27.03.2025

swiss stock market declines amid global trade war fears and us tariffs

The Swiss stock market opened sharply lower, mirroring declines in the US and Asian markets due to impending US tariffs on the automotive sector. Analysts express concerns over a potential global trade war, with all leading Swiss stocks declining except for Lindt, which saw a slight gain. The SMI fell 1.42% to 12,771.07 points, reflecting widespread bearish sentiment among investors.
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Euro United States Dollar Mitsubishi Corporation Hyundai Mobis Co.,Ltd Nissan Motor Co., Ltd. Toyota Motor Corp SGS SA Honda Motor Co., Ltd. DEU JPN USA Frank Sohlleder Thomas Gitzel John Plassard Ipek Ozkardeskaya Show more
Finance & Economy, Market Report
09:44 27.03.2025
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