Milan is down 2.79%, Paris 2.67%, Frankfurt 2.43% and London 1.53%. The IBEX 35 also lost 2.47%. The US Federal Reserve will meet on Wednesday.
Euskaraz irakurri: Europako burtsek behera egin dute, AEBetan interes-tasak berriz igotzeko aukerak eraginda
The main European stock exchanges have fallen on the expectation of a further rise in the money price in the United States. With the euro at $1,043 (mid-May level) and 0.8% lower, Milan is down 2.79%, Paris 2.67%, Frankfurt 2.43% and London 1.53%.
The Spanish stock market also continued the correction that started last week ahead of the Federal Reserve’s meeting next Wednesday and started the day with heavy losses, some 1.5%, pushing it down to the 8,300 point level. Finally, it lost 2.47% and dropped from 8,200 points due to the decline in international markets.
Wall Street fell sharply on Friday on high inflation in the US in May, when it stood at 8.6%, dropping the Dow Jones Industrial Average 2.73%, the S&P 500 2.91% and the Nasdaq Composite 3. 52%.
High losses were also recorded in Asia, as Hong Kong returned 3.3%, Tokyo 3.01% and Shanghai 0.89%.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
