On Friday, the Lisbon stock exchange closed with a 4.75% drop, settling at 6,635.79 points. This downturn was notably impacted by EDP Renováveis and BCP, each experiencing losses exceeding 9%. These significant declines coincided with a widespread sell-off across Europe, driven by tariffs imposed by United States President Donald Trump.
Asian markets opened today with substantial losses as well, continuing the downward trend seen on Friday in Wall Street. The slump was attributed to the new tariffs announced by Donald Trump and the subsequent response from Beijing.
