European stock was slightly lower on Monday morning, as investors closely monitor the US President Donald Trump‘S Visa crack,
The PAN-European Stoxx 600 index did 0.2% less trading immediately after the initial bell, which included most sectors and major boks in the negative field.
Auto stocks saw some of the biggest losses in early deals. Stoxx Europe Automobiles and Parts Index at 8:15 pm were 2.3% below London’s time.
Germany Porsche Recently led to a decline of about 6.7% after luxury sportscar manufacturer Decreased Its 2025 profitability outlook. The company also delayed the launch of the electric car model due to weak demand. VoxwagenPorsche’s biggest shareholder, also fell on this news, about 5.5%.
Trump administration on Friday Put signature on A surprising order to increase the so -called order H -1B application fee Up to $ 100,000.
The proclamation, which came into force on Sunday, needs to pay new six-eye fees to get the necessary visas for new employees entering the country.
This step comes as part of the effort designed to protect American jobs and scars Further cracks on immigration From the White House.
Sudden nature of policy change has left many companies to assess what it means for their recruitment plans. Major technical firmFor example, H -1B visas to fill highly skilled roles with personnel admitted from India and China between other countries.
India, for its share, is back at a $ 100,000 fee for application for H-1B visa program, Saying This remedy is “likely to have human results through disintegration to families.”
On the data front, a flash estimate for the euro zone consumer trust is close to the time of London at around 3 pm.
Asia-Pacific Stock Market IntercourseAs investors took in the decision of China’s major lending rate. The Central Bank of China kept the loan prime rates (LPR) unchanged in a row for the fourth month, according to a Reuters pole.
