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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.

August 05, 2024 / 12:49 IST
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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.

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AFP
first published: Aug 5, 2024 12:49 pm

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