Live Markets: Selloff spreads to Europe: 94% of the STOXX down

Aker ASA

09/03/2026 08:54

Adds blog post

STOXX 600 down over 2%

Brent prices near $120

All sectors in the red, energy outperforms

Wall Street futures down sharply

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SELLOFF SPREADS TO EUROPE: 94% OF THE STOXX DOWN

European shares opened sharply lower on Monday, joining a broad‑based global selloff of risky assets, as the spike in crude prices fuelled concerns about an inflation shock that could slow economic and corporate profit growth in the energy‑importing region.

Here are some highlights from early trading:

94% of STOXX 600 constituents trading in the red

STOXX hits more than 2‑month lows, down over 2%

All sectors lower, led by Basic Resources, Industrial Goods, Construction, Banks and Tech — all down over 3%

Oil & gas outperforms, down 0.2%, with Equinor, Aker, Shell, Galp among the few stocks trading in the black

(Danilo Masoni)

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EARLIER ON LIVE MARKETS:

EUROPE BEFORE THE BELL: FUTURES DOWN SHARPLY ON OIL PRICE SURGE CLICK HERE

BETTER FILL THE CAR UP, LIKE RIGHT NOW CLICK HERE