(Reuters) – The main European scholarships are in the red at the start of the session, sealed by concerns about the sovereign debt of the United States and the return of geopolitical concerns after new American information which suggested that Israel is preparing to strike Iranian nuclear installations.

In Paris, the CAC 40 lost 0.33% to 7,915.97 points around 07:20 GMT. In Frankfurt, the Dax fell 0.22% and in London, the FTSE 100 yields 0.12%.

The Eurostoxx 50 index loses 0.15%, and the FTSEUROFIRST 300 and the STOXX 600 0.20%.

The session is marked by a new increase in yields of American sovereign bonds, investors fearing the impact of the tax reform of US President Donald Trump, who could increase the federal debt from 3,000 to 5,000 billion dollars, and while the degradation of the American credit note by Moody’s Friday still weighs on feeling.

“People are planning to withdraw their capital from the United States, and it is certainly not a massive exodus, but they are again interested in the opportunities offered by some of these other markets,” said Chris Weston, research manager at Pepperstone.

The absence of progress in the trade negotiations between the United States and its main partners also arouses concerns, as is new information that suggests that Israel is preparing to hit Iranian nuclear installations, which already increase oil prices.

In Europe, investors have just learned that British inflation accelerated more than expected in April to reach 3.5% in annual shift, which increases the British Gilt to two years of approximately 2.5 base points to 4.079%.

At the values, the British retailer Marks & Spencer decreases by 3.45% after having announced that the highly sophisticated “cyber attacks which it was the subject in April would result in an impact of around 300 million pounds (355 million euros) on its operational profit, with disturbances expected until July.

JD Sports falls 7.5% after warning that the price increase in its key market, the United States, linked to customs duties imposed by President Donald Trump, could weigh on consumer demand.

Julius Baer Gruppe gave 5.6% after examining his credit portfolio, which led to a net charge of 130 million Swiss francs.

(Written by Diana Mandiá, edited by Augustin Turpin)

Copyright © 2025 Thomson Reuters