European stock markets closed on July 6 with the worst session since March

Major European stock markets experienced their worst session since March on July 6, weighed down by higher interest rates in the mandatory market, after signs of further tightening in the market. Federal Reserve. Paris decreased 3.13% Frankfurt 2.57%, London 2.17%, Madrid 2.12% and Milan 2.53%.

selective Frankfurt Closed projection close to 3% for fear of rising interest rates in the United States. The German DAX 40 index fell to 15,528 points, while the technology TecDAX index fell 2.24%. The 40 values ​​that make up Frankfurt eclecticism closed in the red, especially real estate and consumer companies.

(Will they suspend the sale of Aguardiente Amarillo in Bogota? That is known.)

Real estate fonofia Losses resulted in Germany With a decrease of 7.4% to 17.5 euros. Adidas lost 5.5%, to 164.7 euros, while the online fashion sales company lost Zalando 4.7% did so, up to €24.1. Building materials company Heidelberg Materials It fell 4.9% to 70.2 euros, and the manufacturer of aircraft engines MTU Aero Engines 4.8% did so, up to €222.

(Virtual road safety dashboard, new CAN platform).

Various data from the US economy supports the Federal Reserve’s expectations to raise interest rates further this year after stopping in June. Activity in the US service sector rose more than expected in June and expanded for the sixth month in a row.

(Populated Centres: Imposing Sanctions on Former Officials).

The private sector created more jobs in the US in June than expected, driven by the services sector, so the job market remains strong despite higher interest rates. This had an impact on Wall Street as the Dow fell 1.07% and the Nasdaq fell 0.82%.

EFE