Euro Stoxx 50 Equity Markets Closed Lower Monday,August 21
Euro Stoxx 50 Equity Markets decreased 23 points or 0.65% to 3424 on Monday August 21 from 3446 in the previous trading session. Historically, the EURO STOXX 50 Stock Market Index reached an all time high of 4557.57 in July of 2007 and a record low of 1809.98 in March of 2009.
European stocks opened lower on Monday, as geopolitical tensions continued to weigh on market sentiment, dampening demand for risk-related assets such as equities.
During European morning trade, the EURO STOXX 50 retreated 0.68%, France’s CAC 40slumped 0.63%, while Germany’s DAX 30
Euro Stoxx 50 Equity Markets
Investors remained cautious after a terrorist attack last Thursday in Barcelona killed 14 people and injured 100 others.
Spanish police was still searching on Sunday for the man behind the wheel in the Barcelona van attack, amid growing signs members of the militant group had connections elsewhere in Europe.
Separately, North Korea warned Sunday that joint U.S.-South Korean military exercises set to start Monday will be “adding fuel to the fire” of already heightened tensions with Washington and its allies.