Business

European stocks struggle at the opening, following Wall Street losses

  • Eurostoxx -1.4%
  • Germany DAX -1.2%
  • France CAC 40 -1.2%
  • FTSE UK -1.2%
  • Spain Ibex -0.9%
  • Italy FTSE MIB -1.4%

The decline in April continues today in the equity sector. Tensions are still high between Iran and Israel, and this is not helping to dampen the geopolitical atmosphere. But after mostly one-way traffic since November, it’s safe to say that this stock retracement may have been long overdue. S&P 500 futures are also slightly weaker, down 0.2% on the day.

This article was written by Justin Low at www.forexlive.com.

cnbctv18-forexlive

Back to top button