European Markets Soar as Steel Stocks Lead Gains Amid EU Tariff Plans
Published on: Oct. 8, 2025, 2:57 p.m. | Source: Devdiscourse
European shares reached record highs driven by steel stocks after the EU announced its plan to reduce steel import quotas. A significant rise in banking stocks balanced declines in automakers, particularly after BMW's forecast reduction. Meanwhile, political uncertainties in France and technology sector declines were notable influences.
