European stocks fall for second consecutive session

2020-09-30 12:17:40 GMT (Economies.com)
European stocks fall for second consecutive session

European stocks fell on Wednesday, to deepen losses for the second straight day, on investors' risk aversion due to lingering concerns about the coronavirus crisis.

 

The Stoxx Europe 600 index fell 0.5% as of 11:22 GMT, after it closed lower by 1.7% yesterday, on fears of difficult trade talks between the EU and the UK.

 

The pan European index opened lower today, to deepen losses for the second straight day, with most of the major European markets and sectors seeing red today.

 

The travel and leisure sector saw the largest losses in Europe today, dropping over 1.25%, due to lingering concerns about the coronavirus crisis.

 

The index has lost around 1.5% so far during September, to head for its fourth straight monthly loss due to the risks around the European economy, amid the worst economic crisis since the 1930s Great Depression.

 

S&P 500 futures fell 0.75% today, after the index closed lower by 0.5% yesterday at Wall Street, posting the first loss in 4 days.

 

Back to Europe, the Euro Stoxx 50 index fell 0.6%, Germany's DAX lost 0.5%, France's CAC 40 fell by 0.5%, and In London, the FTSE 100 index fell by 0.3%.

 
 
 
  Symbol Last Change Chg.%
1.1860
0.0081
0.6868%
1.3045
0.0058
0.4481%
Tadawul
8505.18
18.45
0.22%
24.606
-0.168
0.676%
39.735
-1.208
2.949%
41.65
-0.81
1.91%
1902.820
-9.195
0.481%
 
 
US
 
Europe
 
Asia