US EditionSharp Declines in European Stock Markets and Wall Street Futures
6 Articles
6 Articles
The German leading index recorded two percent lower at the start of trading on Friday. This is due to the fear of a banking crisis in the USA.
2 bankruptcies fuel fears of a credit crisis in the US • Fear index is at its highest level since April • FTSE falls by about 1.5%, DAX crashes by 2% • Gold price continues to break records • Asian stock markets closed sharply lower • Bitcoin price is around $104,000
The European stock exchanges closed in red this Friday, hit by fear of a new financial crisis following First Brands and Tricolor’s bankruptcies in the United States. The German DAX led the losses with a fall of 1.79%, while the big banks and the defence sector sank in the face of economic and geopolitical uncertainty.
European stock markets are under intense pressure due to concerns about the banking sector due to the increase in bad loans at regional banking institutions in the United States. The pan-European Stoxx 600 falls… European Stock Markets Shaken by US Banks – DAX Falls More Than 2% - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
On Thursday, the DAX again tested the psychologically important brand of 24,000 points and was able to defend it despite a restrained trade. After several weak days, investors held back, so that the lead index barely came off the ground and ended the trade with a small increase of 0.4% at 24,272 points. [...] The post DAX plunges below 24,000 mark – banking crisis weighs on stock markets appeared first on financial marketwelt.de.
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