Nokia is trading at 4.25% down now at €8.53 after investors continued to assess reports that it plans to close most mainland China sites and cut substantial local staffing by year-end.
- The China retreat previously triggered negative investor reaction and remains the clearest company-specific overhang.
- Treasury yields are climbing again and major U.S. indexes are declining, adding to cautious broader sentiment, though the restructuring story appears more directly relevant.