Amid rising concerns about the state of the world economy following the Russian attack on Ukraine and the sanctions imposed on Moscow, bags European shares fell in opening and mid-trade.
At mid-day, the Frankfurt DAX index fell 2.77%, while the Paris CAC lost 3.09%, Milan -1.41% and London -1.08%. For its part, the Ibex 35 of Madrid yielded 2.43%.
Meanwhile, the bags Asia closed positive: Tokyo gained 1.20%, Hong Kong +0.21% and Shanghai +0.77%.
“European stock market indices continue to be under negative pressure due to the war,” SwissQuote analyst Ipek Ozkardeskaya told the AFP agency.
While the New York Stock Exchange started down again on Tuesday, March 1: the Dow Jones lost 0.50% and the Nasdaq 0.34% minutes after opening.
On Monday, February 28, Wall Street ended up mixed weighing the impact of severe financial sanctions from the West on Russia. The Dow Jones ended in the red and lost 0.49% to 33,892.60 points. The Nasdaq rose 0.41% to 13,751.40 units; while the S&P 500 lost 0.24% to 4,373.94 points.
Source: Larepublica
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