Wall’s dive is also pushing Europe

The main European indices are trying to reduce the pressures, after the global deterioration of the investment climate that triggered the big sell-off in the American market yesterday.

In particular, the pan-European Stoxx 600 is moving at a loss of 0.55% to 435.77 points, while the technology sector is once again at the center of liquidations.

Elsewhere in Europe, the German DAX was down 0.4% at 13,844 points, the French CAC 40 was down 0.85% at 6,314 points and the British FTSE 100 was down 0.3% at 7,479 units.

The climate is similar in the region, where in Italy the FTSE MIB is moving with losses of 0.58% and is at 23,609 points, while in Spain the IBEX 35 is losing 0.7% at 8,374 points.

Yesterday, the stock market indices of the American market recorded their worst day since 2020, erasing with the above the strong gains of the session that had preceded after the Powell announcements.

The Dow Jones Industrial Average lost 3.1%, the S&P 500 3.5% and the Nasdaq 5%, as fears of an impending recession seemed to return after initial relief from the Fed’s intention not to pursue a more aggressive policy. will bring the successive – even milder – interest rate hikes planned by the federal bank.

Asian indices followed today, with the losses of Hang Seng in Hong Kong reaching 3.5%, while now the Europeans seem to have taken the baton.

Elsewhere, corporate results continue with Adidas and British Airways parent company IAG announcing their sizes today, among others.

On the boards, the EUROAPI title plunged 5% to its debut in Paris, while Danish hospital equipment maker Ambu sank by more than 12% after downgrading its guidance.

Source: Capital

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