Markets

European stocks fall hard

Closing changes for the main bourses:

  • German DAX -1.9%
  • UK FTSE -1.1%
  • Italy MIB -2.1%
  • Spain IBEX -1.9%
  • French CAC -1.5%

The market wants its cheap money, not rate hikes.

Some of the decline is the carryover from the weak finish in the US on Friday, some of it is the wretched sentiment today.

I don't think too many people want to step up and buy stocks before the Fed cuts. Afterward is a different story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx

Latest Markets Videos