The Corona virus pushed financial markets in Europe and the United States down on Thursday. The Paris and Frankfurt markets witnessed a decline of more than 10%, while trading was suspended on the Wall Street in New York for 15 minutes after falling by more than 7% for the second time this week. The European Central Bank announced Thursday a series of measures to support the euro zone economy in the face of the consequences of the Corona virus.
The Paris and Frankfurt stock exchanges fell by more than 10% in deliberations Thursday afternoon after the European Central Bank revealed a series of measures to support the euro zone economy in the face of the consequences of the Corona virus, but it did not reduce interest rates. On the other side of the Atlantic Ocean, the New York Stock Exchange was suspended for 15 minutes for the second time in a week, after declining by 7%.
The French CAC 40 fell 10.2% to 4142.13 points at 13:40 GMT, while the DAX 30 in Frankfurt collapsed 10.3% to 9360.58 points.
In New York, the Standard & Poor's 500 Index fell 7%, amid panic over the effects of the Corona virus worldwide.
When the trading was suspended, the Dow Jones index fell by 7.20% and the Nasdaq index, which was dominated by shares of technology companies, declined by 7.03%.
The Paris and Frankfurt stock exchanges fell by more than 10% in deliberations Thursday afternoon after the European Central Bank revealed a series of measures to support the euro zone economy in the face of the consequences of the Corona virus, but it did not reduce interest rates. On the other side of the Atlantic Ocean, the New York Stock Exchange was suspended for 15 minutes for the second time in a week, after declining by 7%.
The French CAC 40 fell 10.2% to 4142.13 points at 13:40 GMT, while the DAX 30 in Frankfurt collapsed 10.3% to 9360.58 points.
In New York, the Standard & Poor's 500 Index fell 7%, amid panic over the effects of the Corona virus worldwide.
When the trading was suspended, the Dow Jones index fell by 7.20% and the Nasdaq index, which was dominated by shares of technology companies, declined by 7.03%.
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