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European Stocks Open Lower As Coronavirus Overshadows Upcoming US Jobs Data


Thursday, 26 March 2020 15:23 WIB

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European markets opened lower Thursday as global market sentiment sours once again, ahead of upcoming U.S. jobless claims data.

The pan-European Stoxx 600 fell 1.5% in early trade, with basic resources shedding 2.7% to lead losses as all sectors and major bourses slid into negative territory.

Global market sentiment has declined ahead of the latest U.S. jobless claims data that’s expected to show a massive spike in unemployment claims after businesses stateside closed their doors to try to slow the spread of the coronavirus.

Source : CNBC


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