European stock markets tumble at open

Frankfurt sank more than three percent while Paris slumped 2.6 percent and London shed 2.3 percent. Elsewhere, Milan plunged four percent and Madrid gave up 2.8 percent.

AFP

August 05, 2024 / 12:49 IST

European stock markets tumble at open

European stock markets tumbled at the start of trading Monday following massive selloffs in Asia on fears of recession in the United States that has caused technology stocks to plunge.

Frankfurt sank more than three percent while Paris slumped 2.6 percent and London shed 2.3 percent. Elsewhere, Milan plunged four percent and Madrid gave up 2.8 percent.

AFP

first published: Aug 5, 2024 12:49 pm

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