Markets

European stocks slide at open

Published October 28, 2022 Updated October 28, 2022 12:24pm
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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.

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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.