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How Did European Stocks Close?

Jun 25, 2018

European stocks ended significantly lower today, as concerns over a global trade war pressured stocks. The Euro Stoxx 600 -2.07%, the FTSE 100 -2.26%, the DAX -2.46%, and the CAC40 -1.92% all ended lower. Periphery markets were mostly lower, with Italy’s MIB -2.44%, Spain’s IBEX -1.78%, and Portugal’s PSI 20 -0.84% falling, while Greece’s ASE rose +0.77%. The VSTOXX finished 25.81% higher to 17.87. Yield on the UK 10-year bond is down 3.0 basis points to 1.291%, while the yield on Italy’s 10-year is up 12.2 basis points to 2.821%.

*Data in Price Return, Source: Stockdio

 

Stocks Trending in the News

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French frim Engie SA (ENXTPA:ENGI) is reportedly considering a $8.5 billion offer for a renewable energy unit of EDP-Energias de Portugal SA (ENXTLS:EDPR)

Eutelsat Communications SA (ENXTPA:ETL), a French telecommunications firm, is considering making an acquisition offer for Inmersat Plc (LSE:ISAT), which would counter EchoStar Corp’s (SATS) $3.7 billion bid

Prysmian SpA (BIT:PRY) shares traded down 10.00% today, after the world’s largest industrial cable marker warned that rising costs and technical issues at an underwater project between Scotland and Wales were more significant than expected