Wednesday, 28 July 2021

European stock markets slide at open

European stock markets

LONDON: European stock markets slid at the start of trading on Thursday after large drops in Asia and on Wall Street, as investors predict a series of US interest rate rises.

London’s benchmark FTSE 100 index shed 0.5 percent to 7,243.32 points compared with the close on Wednesday, as traders also digested a series of earnings updates from major companies.

In the eurozone, Frankfurt’s DAX 30 shed 0.9 percent to 12,358.82 points and the Paris CAC 40 lost 0.6 percent to 5,272.43.

Check Also

Cryptocurrencies tumble amid China crackdown

REUTERS/Dado Ruvic/Illustration/File Photo TOKYO – Cryptocurrencies tumbled on Monday as China’s crackdown on bitcoin mining ...

Leave a Reply