European Market Updates

European Stocks Plunge Sharply On Geopolitical Worries, Monetary Tightening Fears

European stocks crashed on Monday, extending recent losses and suffering the worst setback in nearly 20 months, as mounting geopolitical tensions and worries about imminent monetary tightening by central banks, including the Fed, triggering widespread selling.

Some disappointing economic data and reports showing continued spikes in coronavirus cases in several countries across the world weighed as well on the markets.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More European Market Updates