European shares fall as commodities-linked stocks slide

The STOXX 600 index fell on Monday, dragged by commodity-linked stocks ⁠following a global rout in energy and metal prices, while investors also assessed a number of earnings to gauge the health of corporate ​Europe. The pan-European STOXX 600 fell 0.4% by 0819 GMT, with basic ‍resources set for its biggest daily loss since July 2025, declining more than 2%.

The STOXX 600 index fell on Monday, dragged by commodity-linked stocks ⁠following a global rout in energy and metal prices, while investors also assessed a number of earnings to gauge the health of corporate ​Europe.

The pan-European STOXX 600 fell 0.4% by 0819 GMT, with basic ‍resources set for its biggest daily loss since July 2025, declining more than 2%. Gold, silver and industrial metals deepened their losses, as U.S. President Donald Trump's ⁠nomination ‌of Kevin Warsh ⁠as the next U.S. Federal Reserve chair on Friday set off a wave ‍of selling in risk assets.

Signs of geopolitical tensions easing between the U.S. ​and Iran also sparked a selloff in crude prices, sending European energy ⁠stocks down 2% in early trading. On the earnings front, Swiss bank Julius Baer ⁠lost 1.3% after reporting a net profit for 2025, which was down 25% from 2024 in a year marked by writedowns.

The ⁠risk-off mood had investors piling into sectors that are expected to fare ⁠better in ‌economic downturns. The food and beverage sector rose 1.1%, offsetting some of the broader market losses.