LIVE MARKETS — Auf Wiedersehen, Volkswagen
(Adds blog post) STOXX 600 up 0.9% Tech leads gains, up 2.2% Wall St futures climb Welcome to the home for real-time coverage of markets brought to you reporters. You can share your thoughts with us at. Auf Wiedersehen, Volkswagen Volkswagen, which has lost roughly 80% in value since 2021, has left the Euro STOXX 50 after 15 years in the index of the euro zone's most valuable companies. The auto sector has been one of the hardest-hit in Europe this year, as intense competition from cheaper Chinese rivals, surging energy prices and volatility from U.S. President Donald Trump's tariff agenda have battered the sector. Volkswagen, Europe's largest automaker, has been engulfed in a crisis that intensified on Friday after it flagged a €10 billion ($11.5 billion) profit warning, mostly at its Porsche luxury sports brand. An index of European auto stocks has fallen around 16% this year, ranking it among the worst-performing after consumer products. STOXX, the index provider, announced the decision on September 1 as part of its annual review of leavers and joiners. Other leavers included Dutch information services provider Wolters Kluwer, which has been subject to intense.