DJIA27335.63
LIVE-23.53(-0.09%)
NDX7927.08
LIVE-39.85(-0.50%)

Europe Stocks Slumps At The Open as Wall Street Sell-Off Grips Global Markets


Thursday, 11 October 2018 14:21 WIB

Stoxx 600Saham Eropa


00stoxx.jpg

European stocks were sharply lower Thursday morning, as a sell-off in U.S. equities dragged down global markets.

The pan-European Euro Stoxx 600 Index was down by 1.7 percent shortly at 364.40 after the market open. The benchmark hit its lowest level in more than 20 months. Technology stocks led the losses, down 3.2 percent, after a sharp sell-off for the same sector on Wall Street.

Around the world, equity markets have tumbled on the back of rising fears around global economic growth and rising interest rates. The International Monetary Fund warned earlier this week that simmering trade tensions, such as those between the U.S. and China, could lead to a "sudden deterioration in risk sentiment, triggering a broad-based correction in global capital markets and a sharp tightening of global financial conditions." Meanwhile, U.S. Treasury yields have this week climbed to multi-year highs, however they pared gains late into Wednesday's trading session.

Source : CNBC


RELATED NEWS

  • Hong Kong stocks ended higher on Tuesday in quiet trade as investors took a step back after recent gains, while looking ahead to the start of corporate earnings season. The Hang Seng Index added 0.23...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.