European auto stocks lead sectoral fallers with a 1% decline. Euro Stoxx 50 is down 2.01% at 4933.3 points. European shares turn negative after a higher open, with Stoxx 600 down 0.1%. France's CAC 40 underperforms, down 0.9%, Germany's DAX down 0.3%, and Britain's FTSE 100 little changed. Euro Stoxx volatility last up 22.53% to 20.5256 points, reaching its highest level since October and on track for the biggest daily jump in 11 months. Euro 1-month implied options volatility surges above 7.8% to its highest since April 2023, leading to increased market watchfulness for potential spillovers.
EURO Stoxx 50 volatility is spiking! Time to watch for potential spillovers across the markets https://t.co/ZaBVrW7h7T
⚠️ EURO 1-MONTH IMPLIED OPTIONS VOLATIITY SURGES ABOVE 7.8% TO HIGHEST SINCE APRIL 2023
⚠️ EURO STOXX VOLATILITY <.V2TX> LAST UP 22.53% TO 20.5256 POINTS
EURO STOXX VOLATILITY LAST UP 22.53% TO 20.5256 POINTS EURO STOXX VOLATILITY INDEX RISES TO HIGHEST LEVEL SINCE OCTOBER, ON TRACK FOR BIGGEST DAILY JUMP IN 11 MONTHS
⚠️ EURO STOXX VOLATILITY INDEX .V2TX RISES TO HIGHEST LEVEL SINCE OCTOBER, ON TRACK FOR BIGGEST DAILY JUMP IN 11 MONTHS **EURO STOXX VOLATILITY .V2TX LAST UP 22.53% TO 20.5256 POINTS
⚠️ EUROPEAN SHARES NEGATIVE AFTER HIGHER OPEN, STOXX 600 .STOXX DOWN 0.1% **FRANCE'S CAC 40 .FCHI UNDERPEFORMS, DOWN 0.9% **GERMANY'S DAX .GDAXI DOWN 0.3%, BRITAIN'S FTSE 100 .FTSE LITTLE CHANGED
EURO STOXX 50 DOWN 2.01% AT 4933.3 POINTS
EUROPE'S AUTO STOCKS LEAD SECTORAL FALLERS IN EARLY TRADE, DOWN 1%