ROME: European stocks tumbled from a five-week high as commodity costs dipped among worries over slowing global growth. U.S. index futures and Asian stocks also decreased.
The Stoxx Europe 600 Index dropped 1.2 percent to 340.67 at 8:03 a.m. in London. Energy shares and basic-resources companies posted the biggest losses among all 19 industry groups as Brent prices slid for a fifth day, while copper tumbled to a 5 1/2-year low. Rio Tinto Group and BHP Billiton Ltd, the world’s largest mining companies, fell at least 4.5 percent while BP Plc and Royal Dutch Shell Plc slipped more than 1 percent.
Standard & Poor’s 500 Index futures dropped 0.5 percent, after the underlying gauge yesterday fluctuated before closing 0.3 percent lower. Yields on the benchmark 10-year Treasuries fell to the lowest since May 2013 as investors sought safer assets. The MSCI Asia Pacific Index (MXAP) retreated 0.4 percent.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
