Hard blow for European stock markets – Economy – News



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The sale on the stock markets accelerates. Thursday's European trade has declined considerably. The German key index Dax fell to its lowest level in almost two years. In the negative zone, Wall Street moved in the evening.

Dax lost 3.48% on Thursday and closed at 10,810.98 points. That was it
its biggest one – day drop since the British vote for a withdrawal from the EU
in June 2016. The German key index since the beginning of the year is in free fall
16%, and there is a real risk of closing the year 2018 with the deep
the loss.

The main French Cac 40 index fell by 3.32% to 4780.46.
The Italian FTSE MIB fell 3.54% to 18,643.83 points and the British FTSE index
100 of 3.15% to 6704.05 points.

The EuroStoxx 50 benchmark index in the euro area fell by 3.31%
3045.94 points. The pan-European Stoxx Europe 600 index fell by 3.09% in
343.31 points and the European FTSEurofirst 300 index of 3.31% on
1350.68 points.

The sale of shares triggered the arrest of China's chief financial officer
from Huawei Technologies Group of Meng Wan-chu in Canada.
Local authorities arrested Meng Wan-chou, daughter of the group's founder
Huawei Woman of China, at the request of the United States. The US suspects it
violations of US trade sanctions against Iran, and demand it
immediate release. China, which has entered a trade dispute with the United States,
she protested sharply.

"Investors are desperate in the expectation of a trade war between the United States and China
China, "said Bill Chepolis of DWS." But after what happened
in Canada, markets are under pressure again. "

The negative trend continues in the United States, Wall Street has been an important evening
in a negative territory. Dow Jones Industrial Key Index
The average was 18.37 h with a loss of 1.90% on the level
24,550.39 points. The broader S & P 500 index lost 1.92% to 2648.11 points.
Nasdaq Composite technology index of 0.61% to 7114.82 points.

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