Sharp fall on Wall Street, while European exchanges rise

The decline in US stock indices has deepened: Nasdaq is down 1.9%, the S&P 500 is losing 1%, and the Dow Jones is down 0.4%. Varonis shares are up 2.9% on news of a deal. CoreWeave shares are plunging 11.8%, Nebius is losing 10.8%, and IREN is down 10%. European exchanges ended trading higher: the Stoxx 600 rose 0.7%, the CAC gained 0.3%, the DAX added 0.9%, and the FTSE was up 0.4%.

The decline in US stock indices has deepened. Nasdaq is down 1.9%, the S&P 500 is losing 1%, and the Dow Jones is down 0.4%. Against this backdrop, shares of Varonis stand out, rising by about 2.9% after a report of a major deal for its sale. Shares of semiconductor makers and companies providing computing and cloud infrastructure for AI are posting notable losses. Investors fear the consequences of these enterprises' high debt burden. CoreWeave shares are plunging by about 11.8%, Nebius is losing 10.8%, and IREN is down about 10%. At the same time, European stock exchanges ended trading higher. The pan-European Stoxx 600 index rose 0.7%, France's CAC added 0.3%, Germany's DAX strengthened by 0.9%, and Britain's FTSE climbed 0.4%. Among individual companies, notable gains were shown by shares of Renault (+3.3%), Airbus (+2.1%), Mercedes-Benz (+2.9%), Volkswagen (+2.8%), and Glencore (+1.6%).