European stock markets slump after trade war escalates

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By MG News | August 02, 2019 at 12:31 PM GMT+05:00

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August 2, 2019: European stock markets tumbled at the start of business on Friday after US President Donald Trump dramatically escalated the trade war with China by slapping tariffs on $300 billion of goods.

London's blue-chip FTSE 100 index fell 1.6 percent in early trading, while the DAX 30 in Frankfurt slumped 2.2 percent and the CAC 40 in Paris tumbled 2.3 percent.

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258.99M
1.00%
1248.25
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1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
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91.38M
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13.72
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554.57M
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290.61
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557.94
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9.65M
-0.40%
-112.21
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107,195.00
615.00
0.57%
BRENT CRUDE 66.58 67.20
65.92
-0.22
-0.33%
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97.00
1.05
1.09%
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105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.95 65.82
64.50
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16.14
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