European stocks joined a global sell-off on Thursday, as Russian President Vladimir Putin announced a war on Ukraine and U.S. President Joe Biden said the U.S. will coordinate with NATO allies to ensure a strong, united response.
The pan European Stoxx 600 fell a little over 3 percent to 440.02 after closing 0.3 percent lower on Wednesday.
The German DAX lost nearly 4 percent, France's CAC 40 index slumped 3.8 percent and the U.K.'s FTSE 100 was down 2.5 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.