European stocks are ignoring the global market rout
|02/09/2018||Posted by BusinessMediaguide.Com under General World News||
- Global market sell-off resumed in the USA on Thursday, with US stocks entering a technical correction.
- That sell-off moved to Asia overnight, with China’s benchmark Shanghai Composite falling 4%.
- Thus far, the wave of selling has not reached Europe, with continental bourses only around 0.5% lower in early Friday trading.
LONDON — European equities are avoiding the renewed global market sell-off early on Friday morning, with major indexes on the continent nursing only minor losses in the first few minutes of trade.
By around 8.05 a.m. GMT (3.05 a.m. ET), losses are limited to a maximum of around 0.6%, the broad Euro Stoxx 5o read more >>>