Recession fears fuel sell-off in global stocks

The DAX, Germany's main stock index, fell by 10% on Monday, reflecting fears of a global economic slump due to US tariffs. Analysts are concerned, particularly about the vulnerability of bank shares.

The Nikkei index in Tokyo closed with a 7.8% loss, while Hong Kong's Hang Seng fell by 13.2%, its biggest loss in 28 years. Retaliatory tariffs from China on US imports will come into effect on April 10, further escalating trade war fears. Despite the negative outlook, Ascan Iredi from Plutos Asset Management believes there are still opportunities for trade in Europe and Asia.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.