European markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming from the U.S.-Iran tensions. Rising costs are impacting consumer and producer prices, prompting expectations of interest rate hikes. Economically sensitive sectors and defence stocks bore the brunt of the sell-off, despite some positive corporate news.
from Economic Times https://ift.tt/GYc6uSF
Subscribe to:
Post Comments (Atom)
-
The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020...
-
Huawei faces international scrutiny over its ties with the Chinese government and suspicion that Beijing could use Huawei#39;s technology f...
No comments:
Post a Comment