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European Stocks Close Lower Amid Growing Recession Worries


Monday, 25 March 2019 23:44 WIB

Stoxx 600Saham Eropa


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European shares were lower on Monday, amid rising fears of an impending U.S. recession.

The pan-European Stoxx 600 was around 0.6 percent lower at 374.78 during afternoon trade, with every sector and all major bourses in the red.

Market jitters have grown recently over increasing signs of slowing economic growth and a possible recession. German manufacturing contracted for the third month in a row, IHS Markit data showed Friday, dragging the yield on the 10-year bond into negative territory for the first time since October 2016.

Source : CNBC


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