August 05, 2024 at 08:06AM
Eurostoxx -2.8%
Germany DAX -2.2%
France CAC 40 -2.0%
UK FTSE -1.9%
Spain IBEX -2.5%
Italy FTSE MIB -4.1%
It’s a rough one out there with banking stocks also feeling the pinch across the region. That comes as yields are tumbling amid a flight to safety in broader markets. Looking to US futures, S&P 500 futures are down 2.8% while Nasdaq futures are down 5.0% currently.
This article was written by Justin Low at www.forexlive.com.