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European Stock Markets Fall Amid Watching US Treasury Rates

Major European stock markets closed on the 5th (local time), falling all at once.

On this day, the FTSE 100 index of the London stock market closed at 6,630.52, down 0.31% from the closing price of the previous trading day.

Germany’s Frankfurt Stock Exchange’s DAX 30 Index also fell 0.97% to 13,920.69, while the French Paris’ CAC 40 Index also fell 0.82% to 5,782.65, closing the market.

The pan-European index Euro Stoxx 50 ended trading at 3,669.54, down 0.95%.

The market looked at key indicators such as the movement of US Treasury bonds and employment.

The day before, Jerome Powell, chairman of the Federal Reserve System (Fed), did not clearly reveal his willingness to curb the rise in bond yields contrary to market expectations.

/yunhap news

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