EU in financial CHAOS: European markets plunge amid Belgian terror attacks

Tuesday, March 22, 2016
By Paul Martin

STOCK markets across the globe fell after the terror attacks on Brussels which killed at least 32 people.

By PETER HENN
Express.co.uk
Tue, Mar 22, 2016

Travel sector stocks including airlines and hotels fell the most, pulling the broader indices down from multi-week highs, although stocks had clawed back some of their losses by midday and bonds and gold eased back from their earlier highs.

U.S. futures pointed to a fall of almost half of one percent at the open on Wall Street.

“It is all to do with the events in Brussels … but the reaction is muted, which also shows that after all the terrorist attacks we have seen, markets have learned to live with these kind of things,” said Rabobank euro zone economist Emile Cardon.

At least 26 people were killed and many injured in the twin attacks on the Belgian capital, which took place four days after the arrest there of a suspected participant in November’s militant attacks in Paris.

At 1220 GMT the FTSEuroFirst 300 index of leading shares was down 1 percent at 1,326 points. Germany’s DAX was down 0.5 percent and Belgian stocks were down 0.4 percent . These indices had earlier been down as much as 2 percent.

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter