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

Thursday, 4 June 2020 14:44 WIB

Stoxx 600SahamEropa


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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