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2021-03-04 11:55:00

EUROPEAN INDEXES DOWN

EUROPEAN INDEXES DOWN

REUTERS - MARCH 4, 2021 -  European stocks fell on Thursday after three straight sessions of gains as a jump in U.S. bond yields knocked risk appetite globally, with heavyweight miners and travel stocks leading the retreat.

The pan-European STOXX 600 index fell 0.5% in early trading, with miners dropping 2.8% and travel & leisure stocks down 1.6%.

UK-listed shares of Rio Tinto and BHP Group shed 5.2% and 4.3% respectively, after their Australia-listed stocks were hit by ex-dividend trading.

German airline Lufthansa dropped almost 2% after it posted record losses for 2020 and trimmed its 2021 capacity plans as COVID-19 disruption drags on.

The 10-year U.S. Treasury yield, the benchmark for global borrowing costs, rose past 1.45% on Wednesday as investors anticipated a rise in inflation with governments continuing to pump money into the global economy and as vaccination programmes progress.

Investors are waiting to see if Federal Reserve Chairman Jerome Powell will address concerns about the risk of a rapid rise in long-term borrowing costs later in the day.

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Earlier:

EUROPEAN INDEXES DOWN
2021, February, 16, 12:15:00
EUROPEAN INDEXES UP ANEW
The pan-European STOXX 600 was up 0.2% by 0802 GMT, after jumping 1.3% in the previous session to its highest level since February 2020.
EUROPEAN INDEXES DOWN
2021, February, 2, 12:10:00
EUROPEAN INDEXES UP
The European technology sector rose 1.4%, while the STOXX 600 index gained 0.8%.
EUROPEAN INDEXES DOWN
2021, January, 29, 14:15:00
EUROPEAN INDEXES DOWN AGAIN
The benchmark STOXX 600 index dropped 1.6% in early trading
EUROPEAN INDEXES DOWN
2021, January, 28, 12:45:00
EUROPEAN INDEXES DOWN ANEW
The pan-European STOXX 600 fell 1.9%, turning negative for the year
EUROPEAN INDEXES DOWN
2021, January, 27, 14:00:00
EUROPEAN INDEXES DOWN
European share indexes opened in the red. The STOXX 600 was down around 0.3% on the day
EUROPEAN INDEXES DOWN
2021, January, 25, 14:25:00
EUROPEAN INDEXES UP ANEW
The pan-European STOXX 600 index rose 0.2%.
EUROPEAN INDEXES DOWN
2021, January, 6, 13:30:00
EUROPEAN INDEXES UP
The pan-European STOXX 600 index was up 0.2%, while UK’s FTSE 100 rose 0.7% and Germany’s DAX gained 0.2%.
All Publications »
Tags: EUROPE, INDEXES, SHARES, STOCKS, BONDS
Chronicle:
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EUROPEAN INDEXES DOWN
2021, December, 1, 16:15:00
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Brent rose $3.25, or 4.7%, to $72.48 a barrel, WTI rose $3.01, or 4.6%, to $69.19 a barrel.
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