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Sino-US Trade War: Bourse in Europe bearish at open

LONDON: European stock markets slumped at the start of trading today after weakness in Asia and on Wall Street triggered by the lingering US-China trade war.
Frankfurt’s DAX 30 index shed 1.0 percent to 11,906.02 points and the Paris CAC 40 slid 1.2 percent to 5,249.27.
Outside the eurozone, London’s FTSE 100 index dropped 0.7 percent 7,220.98 points compared with Tuesday’s closing level.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.