The FTSE 100 Futures is trading at 5,553.50 with a loss of -5.22% percent or -306.00 point. The CAC 40 Futures is trading at 4,315.50 with a loss of -6.34% percent or -292.00 point. The DAX Futures is trading at 9,817.20 with a loss of -4.69% percent or -483.30 point. The EURO Stoxx 50 Futures trading at 2,728.00 with a loss of -4.52% percent or –129.00 point.
TODAY’S FACTORS AND EVENTS
London stocks finished in the red on today even after an emergency rate cut by the Bank of England and the announcement of a big stimulus package by the Chancellor, with investors keeping a watchful eye on Wall Street and on Capitol Hill.
“Its D?j? vu for European equity markets as they started out strong but as we approach the close of business they are firmly in the red. The same old health fears are doing the rounds, and that is driving the bearish sentiment,” commented David Madden at CMC Markets UK.
For the day the FTSE 100 closed at 5,876.52 with a loss of –1.40% percent or –83.71 point. France’s CAC 40 closed at 4,610.25 with a loss of –0.57% percent or –26.36 point.Germany’s DAX closed at 10,438.68 with a loss of –0.35% percent or –36.81 point.
For the day the Dow is trading at 23,553.22 with a loss of –5.86% percent or –1,464.94 point. The S&P 500 is trading at 2,741.38 with a loss of –4.89% percent or –140.85 point. The Nasdaq Composite is trading at 7,952.05 with a loss of –4.70% percent or –392.20 point.
In other parts of world, Japan’s Nikkei 225 is trading at 18,559.63 with a loss of –4.41% percent or –856.43 point. Hong Kong’s Hang Seng is trading at 24,290.68 with a loss of –3.73% percent or –940.93 point. China’s Shanghai Composite is trading at 2,923.49 with a loss of –1.52% percent or –45.03 point. India’s BSE Sensex is trading at 33,409.94 with a loss of –6.41% percent or –2,287.46 point at 12:15 PM.