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European Markets Open Lower Amid U.S. Protests And Economic Uncertainty


Thursday, 4 June 2020 14:44 WIB

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European stocks opened lower Thursday as investors assess the outlook for the global economy after the coronavirus pandemic, while keeping an eye on protests in the U.S.

The pan-European Stoxx 600 slid 0.5% lower in early trade, autos falling 2.4% to lead losses while health care stocks bucked the trend to climb by 0.6%.

Global markets are continuing the weigh up an economic recovery following the coronavirus pandemic. U.S. stocks surged Wednesday after a report from ADP showed private payrolls stateside falling by 2.76 million in May — much less than the 8.75 million expected from economists surveyed by Dow Jones. However, futures contracts tied to the major U.S. stock indexes idled during the overnight session Wednesday.

Source : CNBC


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