Sunday 11 September 2016

Markets in Europe and the US are still under pressure because of the ECB's decision


European Stoxx Europe 600 index declined by 0.69 percent to 346.90 points against the background of ECB's decision to keep the key interest rates and the quantitative easing programme unchanged.
The German stock index DAX decreased by about 0.8 percent for a second consecutive session , the French CAC40 fell by 0.89 percent, the Italian MIB fell by 0.7%, while the Spanish Ibex-35 - with 0.54% .
US indices also suffered - the blue chip index Dow Jones Industrial Average fell nearly 400 points, as Boeing contributed the most to the decline. S & P 500 recorded a decline of 2.45%, as the telecommunications and utilities fell by more than 3 percent. The technological benchmakr Nasdaq posted decrease of 2.54% percent and Apple shares fell 2.2 percent.

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