European stock markets nosedive at open
By DW
26 April 2020 |
3:01 pm
European stocks plummeted just after opening as the coronavirus outbreak destabilizes the world economy. Recent global stimulus measures failed to offset virus concerns.
In this article
Related
31 Oct 2019
Multiple Wall Street pundits have stated that the stock market will plunge if Democratic presidential candidate Elizabeth Warren wins the White House in 2020. Similar comments were made ahead of President Donald Trump’s victory in 2016, but the S&P 500 has gained more than 40% since his election. Bloomberg’s Sarah Ponczek examines how Wall Street’s White House-related predictions have fared in the past. She speaks on “Balance of Power.”
24 Dec 2019
Tesla's stock price has continued a strong finish to a turbulent 2019 on the back of a Reuters report suggesting the company secured major financing from China for its first overseas plant in Shanghai.
26 Feb 2020
Global stock markets are continuing their bumpy ride today, after a slump on Monday that was the worst in two years. Japanese shares in particular saw sharp falls, catching up with regional bourses after being closed for a holiday yesterday. Also today, we look at the impact the factory shutdowns in China are having on the textile industry.
27 Feb 2020
Public health officials have urged businesses to prepare for an outbreak in the US, a move that has triggered yet another market downturn. For investors, "it's hard to be optimistic," according to financial analysts.
4 Mar 2020
The Nigerian Stock Exchange, sub-Saharan Africa's second biggest, has won approval from its members to become a listed company.
26 Apr 2020
European stocks plummeted just after opening as the coronavirus outbreak destabilizes the world economy. Recent global stimulus measures failed to offset virus concerns.
27 Mar 2020
A supermarket in Tokyo is packed with shoppers Friday morning and many shelves are emptied as Tokyo's governor urges people to stay home this weekend, warning of a possible "explosion" of the coronavirus after scores of new cases were discovered this week.
2 Apr 2020
European stock markets have started the month in the red, after global shares had their worst three months since the financial crisis. The massive sell-off began around six weeks ago as investors tried to adapt to the coronavirus pandemic. As we enter a new quarter, there is no sign of improvement - stocks in Europe slumped by over 3 percent in trading this Wednesday. Also today, we discuss new figures showing that online sales have fallen for many French retailers since the lockdown began in the country
19 Apr 2020
Ghana is the seventh largest trading partner of China in Africa. Thousands of businesses and traders in the West African country rely heavily on products from China to serve millions of consumers but the outbreak of the Coronavirus especially in China means they can’t access goods to stay in business. They are beginning to feel the impact
4 May 2020
The share price of the US electric-car maker nosedived by around 10% at the end of the trading day after Tesla's CEO tweeted that the company's price was "too high." Elon Musk is also critical of the COVID-19 lockdown.
29 Jun 2020
Police examine the scene after four gunmen attacked the Pakistan Stock Exchange in Karachi on Monday. An exchange board member says the attackers were "fully armed and equipped with machine guns."
20 Aug 2020
AirBnB is set to become one of the marquee floatings of stock this year, after the home-sharing company decided to go public. The move comes as demand for home rentals have dropped due to the coronavirus pandemic.
Latest
1 hour ago
We take a look at how the press is covering the earthquake in Turkey and Syria, and how, for some, the tragedy is both a natural disaster story but a political one as well. We also discuss controversies over the Grammy Awards and a trans Harry Potter video game character.
1 hour ago
As European countries struggle to reach their targets on reducing carbon emissions, one small landlocked country in central Asia stands as an example to the world. With nearly three quarters of its territory covered by woodland, Bhutan, with a population of around 780,000, claims to be a carbon-negative economy.
2 hours ago
Glaciers are increasingly threatened by climate change. The French Alps are home to more than 4,000 of these fascinating natural monuments, of which 80 to 90 percent are set to disappear by 2100 due to global warming.
4 hours ago
Aid, personnel and equipment is arriving from around the world following the devastating earthquakes that have killed over 2,000 people in Turkey and Syria.
4 hours ago
"Clan wars are what damage our communities the most," young men and women of the Muslim part of Mindanao tell DW. Conflict between families is driving intergenerational conflict and preventing girls from going to school.
7 hours ago
US oil company ExxonMobil recorded a net profit of $56 billion last year, beating its previous 2008 record. It benefitted from a surge in prices following the Russian invasion of Ukraine and a cost-cutting drive during the pandemic.