European stocks slide on geopolitical tensions

LONDON: European and US stock markets fell on Wednesday with sentiment dented by heightened geopolitical worries, dealers said.

While both sides have sought to play down the threat of war, the rare aerial engagement over the divided and disputed territory of Kashmir significantly raises the stakes in a standoff sparked by a suicide attack on the Indian-controlled side earlier this month. "Equity markets are in the red ... as geopolitics is playing on traders' minds," said CMC Markets analyst David Madden.

On currency markets, hopes that Britain will not leave the European Union without a divorce pact in place provided more support to the pound.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks higher tracking US-China trade hopes, UK political turmoilLONDON: European stock markets rose on Wednesday (Feb 20) as investors tracked growing optimism that China and the United States will reach a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

European stocks rally as Trump delays China tariffsLONDON: European stocks rebounded on Monday (Feb 25) after US President Donald Trump said he would delay a hike in tariffs on Chinese goods, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Europe: Trade tariff reprieve boosts European shares[LONDON] US President Trump's decision to delay an increase in tariffs on Chinese goods drove European shares up to their highest level since early October as carmakers and miners rallied, while Bank of Ireland slumped after results. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Margins in focus as results drive big swings in European stocks[LONDON] Europe's main share benchmarks rose marginally on Friday but company results including Sweden's Elekta and France's Sopra Steria drove big swings in stocks as investors awaited news from crucial US-China trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Europe: Stocks drop as London hit by Brexit delay speculation[LONDON] European stocks fell in initial trade on Tuesday, with London down as the pound rallied on speculation over a possible Brexit delay, dealers said. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »