DJIA25467.72
LIVE84.61(0.33%)
NDX9593.77
LIVE38.24(0.40%)

European markets close sharply lower on global economic fears


Wednesday, 2 October 2019 23:13 WIB

Saham EropaStoxx Europe 600


c_740_198_16777215_00_images_assets_EUROPE_640x-1.jpg

European stocks moved sharply lower at the end of Wednesday’s session, after unexpectedly weak U.S. manufacturing activity stoked worries over the world’s largest economy.

The pan-European Stoxx 600 was down 2.7% to 377.52 at the closing bell, on course for its largest one-day fall for almost a month. Several sectors plunged more than 3%, with construction and material stocks leading losses as all sectors and major bourses traded firmly in the red.

The moves came as investors reflected on weaker-than-anticipated economic data out of the U.S., which was compounded by German economic research institutes slashing GDP growth forecasts for Europe’s largest economy.

U.S. manufacturing activity tumbled to lows not seen in over a decade, data published Tuesday showed, aggravating worries about a long-running trade dispute between Washington and Beijing.

Source: CNBC


RELATED NEWS

  • Hong Kong stocks started the week with a bang Monday, rallying more than three percent on relief that Donald Trump held off unveiling severe measures against China over its security law proposal for t...
  • Tokyo stocks closed higher Monday on expectations for more businesses to reopen as the Japanese capital lifts restrictions on retail stores and other facilities. The benchmark Nikkei 225 index advanc...

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.