European stocks drop as Omicron worries intensify

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 61%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

European stocks ended lower in their worst session for three weeks

The spread of the Omicron variant saw the Netherlands go into lockdown on Sunday and put pressure on others to follow, though the US seemed set to remain open.The CAC in Paris was down 56 points to close at 6,870, while the DAX in Frankfurt was down 292 points to 1.88% to 15,239 and London's FTSE index dropped 71 points to 7,198.

US stock indexes fell more than 1% today, dragged down by concerns about the impact of tighter Covid-19 curbs on the global economy, and a potentially devastating setback to President Joe Biden's investment bill.

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:

 /  🏆 16. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines