Investor concerns remain as Trump’s duties cause fears of global recession – market recovery is considered by temporary analysts
Rosely opened the Tuesday European stock marketsafter four consecutive meetings in which the prices dipped, reaching a 14 -month low. Despite the upward trend today, investors are still anxious for the developments brought by sweeping Trump’s duties.
The pan -European index Stoxx 600 It started with 1.1% rose, after a 12.1% drop in the last four meetings, amid concerns about a possible global recession due to the escalation of the trade war.
Since Monday’s closure, the index fell 17.9% of the historical high of all time on March 3.
The German index DAX It rose 1.1%, while the British FTSE100 rose 1.24%.
In Paris, the Cac40 It marks a marginal rise of 0.69%.
US shares futures move up ( +2% Dow, 791 points higher, at +1.8% S&P and at 1.7% Nasdaq).
The Athens Stock Exchange At this time it rises 2.66%.
Earlier the Nikkei closed with a rise of 6.01%
“At the moment, the most likely is a temporary recovery, since the fundamental sizes of the sell -off have not changed,” said Fiona Cincotta, a market analyst at City Index.
Source: Skai
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