European stocks fell on Thursday due to fears that the global economy would not recover quickly after the deadlocks of the coronavirus pandemic.
The Stoxx Europe 600
SXXP
It fell 0.9% after a tough session on Wall Street after the gloomy outlook of Federal Reserve Chairman Jerome Powell.
The German DAX
DAX
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0.8% decrease, the French CAC 40
PX1
1% decrease and UK FTSE 100
UKX,
down 1.4%.
Thanks to Wednesday's trade, the Stoxx 600 continues to increase 19% from March lows.
As countries gradually open up, a concern is that while the epidemic curve has flattened, it hasn't slowed down, leaving governments little leeway if infections spread. ; accelerate.
Geopolitical tensions were evident when the United States accused China of trying to steal information about vaccines |] while France objected to one of its drug makers , Sanofi
HOLY
, claiming that it would prioritize EA. United States to a vaccine against the coronavirus.
Actions in motion, Jerónimo Martins
JMT
The shares fell 11% after the supermarket operator in Portugal, Poland and Colombia cut its dividend and pulled out. Jefferies analysts said April sales were "weak", particularly at its Pingo Doce and Ara stores.
Straumann Group
STMN
It fell 4% when the Swiss dental company announced 660 job cuts.
Hargreaves Lansdown
HL
It was up 8% as the British investment firm announced new net activity of £ 4.0 billion in the four months ending April 30.
Dow Jones Industrial Average Futures
YM00
It rose 15 points, ahead of the unemployment claims data at 8:30 am EST.