Europe’s Stoxx 600 hits one-month low as inflation, rising yields pressure markets
4 Articles
4 Articles
European stock markets ended the session on Wednesday, September 2, with significant losses, as the new turmoil in the government bond market weighed on the investment climate, while the rise in oil prices reinforced fears about inflation and the next move by the European Central Bank. The pan-European Stoxx 600 closed down 0.24%, at 645.90 points, falling to a low of about a month. The largest losses were recorded by the retail and automotive s…
Nervousness prevailed in European markets on Wednesday, with the main indices closing in negative territory. The Stoxx 600 closed down 0.21% at 646.11 points.
European stocks kick off September on gloomy note as bond yields rise
Sept 1 (Reuters) - European shares dipped on Tuesday, pressured by a fresh rise in government bond yields as investors braced for higher interest rates.The pan-European STOXX 600 (.STOXX), slipped 0.2% to a more than one-week low by 0815 GMT.Britain's FTSE 100 (.FTSE), fell 0.5% as trading resumed after Monday's bank holiday while Germany's DAX (.GDAXI), slipped 0.5% and France's CAC 40 (.FCHI), gained 0.2%.Global bond yields hit major new hig…
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