Both the STOXX 50 and the STOXX 600 were little changed on Monday, as traders began the week cautiously ahead of remarks from several Fed officials that could help shape the monetary outlook for the rest of the year.
Investors also weighed President Trump's new visa measures, including a proposed $100,000 application fee for the widely used H-1B program—a move that would sharply raise costs for companies, particularly in the tech sector, that rely on skilled foreign workers.
On the corporate front, telecoms, automakers, and banks were among the biggest decliners. VW shares fell about 4.3%, while Porsche dropped 4.7% after Volkswagen cut its full-year profit outlook and the luxury sports carmaker announced a delay in the launch of its EV models. Meanwhile, BBVA slipped 2% and Sabadell lost 4.1% after the French lender raised its bid for the Spanish bank.
Source: Trading Economics
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