European stocks slumped Thursday in early trade, losing ground for a fourth session as traders looked for a new catalyst after the breathtaking rally from the depths of the coronavirus crisis.Decliners included airline Deutsche Lufthansa LHA, -6.55% , oil service firm John Wood Group WG, -6.95% and travel agent TUI TUI, -6.06% .
Futures on the Dow Jones Industrial Average YM00, -1.98% fell 544 points, after the 282-point drop for the blue chips DJIA, -1.03% on Wednesday. “Yes, investors appear to have continued locking profits after the recent steep surge in equities, but we don’t expect this to last for long. Eventually, the continued easing of the lockdown measures, combined with more data suggesting that the worse with regards to the coronavirus is behind us, may allow investors to increase their risk exposures again,” said Charalambos Pissouros, senior market analyst at JFD Group.
And will be back up again in a few days. Drama news
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks in Europe drop as traders search for new catalyst after big rallyEuropean stocks declined on Tuesday as traders look for a new catalyst after the big rally from the depths of March. Have you seen the past week!! Can we be more positive
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks plunge after the continent reports its biggest ever GDP drop - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. According to one study, the happiest couples are those without children. judging by the return of stock photos of traders with their hands on their faces, we could be in for a tough couple weeks Virus Survivors Could Suffer Severe Health Effects for Years ['
Source: BusinessInsider - 🏆 729. / 51 Read more »
Asia stocks snap winning streak, bonds rally on downbeat FedAsian shares retreated on Thursday as a gloomy outlook from the U.S. Federal Reserve challenged market optimism on the global economy, while bonds rallied on speculation that yet more stimulus would be needed to ensure recovery. BREAKING :- INDIA Registers HIGHEST NUMBER OF coronavirus cases in 24 hours... COVID19 Кто виноват в этом? Ouch
Source: Reuters - 🏆 2. / 97 Read more »
10 female founders of color in Europe to watch in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Virus Survivors Could Suffer Severe Health Effects for Years [' I have a new title for you: 10 female founders in Europe to watch in 2020 How can we leave the “color” out of the discussion and see these women for their capacity and what they bring to society? What do you mean by “women of colour entrepreneur”? Why would you differentiate?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The EU's coronavirus bailout plan could give Europe a federal future like the US - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Lumipod cocoon prefab tiny home for preorder in Europe - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Virus Survivors Could Suffer Severe Health Effects for Years ['
Source: BusinessInsider - 🏆 729. / 51 Read more »