European stock markets in the red after Wall Street’s slide. Asian markets nosedive: Tokyo almost -6%

John

By John

Stock markets of the Old Continent are negative in a very nervous climate: the stock markets are experiencing various fluctuations London and Frankfurt lost two percentage points, with Paris losing 1.6%.

Between attempts to contain losses and new sales trends, Milan is moving towards losses just over one percentage point.

Nexi did badly, losing 3.9%, with Saipem down by around three points and Generali down 2.8%. Btp-Bund spread calm at 110 basis points, euro down (-0.4%) to 1.117 against the dollar.
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Asian and Pacific stock markets also all closed lower in the wake of Wall Street’s slide and fears linked to the results of the US elections, which among other things could slow down investments in data centers dedicated to artificial intelligence. The heaviest markets are Seoul, which lost 6% net, and Tokyo, which fell by 5.9%.

Chinese stock markets were also negative, with Shenzhen losing 2.2% and Shanghai 1.1%. Hong Kong fell by 1.2%, while Sydney limited the decline to half a percentage point. Futures on the start of European stock markets are negative, while those on Wall Street are still uncertain.

The Tokyo Stock Exchange ends the session with the reference index below 60,000 points for the first time in about five and a half months.

The Nikkei reference price list fell by 5.96% to 57,434.77, with a loss of 3,643 points. On the currency market, the yen strengthens against the dollar at 157.80, and against the euro at 176.70.