iShares MSCI France ETF Price & Performance (EWQ)

The S&P 500 saw a widespread downturn, with all 11 sectors in the red due to escalating trade tensions. Financial stocks were hit hardest, marking their worst day since early 2023, while consumer staples showed rare resilience. The Dow also neared breakeven for 2025, reflecting growing investor unease.12

France's private sector output contracted in March, with the PMI Output Index at 47.0, indicating economic struggles despite a slower rate of decline compared to February. Persistent economic pressures are contributing to the challenges faced by the eurozone's second-largest economy.34

European equity ETFs have outshone U.S. indexes this year, driven by robust GDP growth and undervalued stock prices. Funds like iShares MSCI Poland and Sweden ETFs are leading gains, contrasting with the modest performance of the S&P 500 and Nasdaq, reflecting a shift in global investment trends.54