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In the “red” are the European stock exchanges. The indicators of the Europe towards after the news broadcast that a commercial airliner of Malaysian Airlines crashed in Ukraine, near the border with Russia the European stock exchanges dropped rapidly.

In particular, in Germany the DAX closed with losses of 1.07% to 9,754 units, in France the CAC ended at 1.21% lower at 4,316 points, the pan-European Stoxx 600 index fell 0.87% to 340 points and the FTSE fell 0.69% to 6,738 points.

At the same time “the red zone” entered Wall Street’s indicators at about the middle of the meeting after the announcement of the crash of the aircraft of Malaysian Airlines in Ukraine, as investors fear the impact on the global economy an escalation of tension in the region. Shortly before the Dow Jones fell by 0.28% or 48.55 points and was at 17,089.65 points and the Nasdaq -0,64%, ie 28, 38 per units at 4397, 59 points.

“The news of the crash of the aircraft of Malaysian Airline near the border with Russia clearly had a major impact on negotiations in the markets at the end of the meetings,” said Brenda Kelly, an analyst at IG, which highlighted investor fears about escalating geopolitical tensions in the region.

Original Source: Proto Thema

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