LONDON: European stock markets slid at the open Friday following heavy losses in Asia on rising fears of a global recession as shares in tech companies crash.

London’s benchmark FTSE 100 index dropped 1.0 percent to 7,002.83 points.

European stocks notch 5-week highs on hopes central banks will pivot

In the eurozone, Frankfurt’s DAX index retreated 1.0 percent to 13,083.69 points and the Paris CAC 40 lost 0.8 percent to 6,195.04.

Comments

Comments are closed.