CORRECTION (2026-07-12): An earlier version of this article included dek, key-point and body claims that SpaceX shares tumbled 16.4% below its IPO price. That material has been removed and adjacent wording lightly adjusted for readability; the substance of the article is otherwise unchanged. Corrected on 2026-07-12.
European benchmark indices retreated on Tuesday as investors continued to rotate out of high-growth technology names amid growing concerns over US interest rates.
The Dax and EuroStoxx50 both declined by more than 1%, reflecting the broadening impact of the sell-off that has gripped global equity markets.
The Dax and EuroStoxx50 both declined by more than 1%, reflecting the broadening impact of the sell-off that has gripped global equity markets.
The weakness follows a sharp session on Wall Street, where equities pulled back from near-record levels.
The tech-heavy Nasdaq faced particular pressure.