What is pulling the stocks down?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
European equities ascend, Dax reaches new all-time maximum
On Monday, European equities started moderately higher after four consecutive weeks of revenues, with Germany's Dax hitting a fresh maximum because concerns regarding the situation in Catalonia relieved after Sunday's protest against independence.
The pan-European STOXX 600 rallied 0.2% during early trade, the Dax gained 0.3%, thus demonstrating a fresh record of 12,997 points.
Meanwhile, Spain's IBEX managed to rebound 1%, with Caixabank acquiring 2% after its board decided to move its registered office to Valencia.
A modest rebound for the British pound that has been suffering from Theresa May's inability to maintain authority over her cabinet, applied pressure on the FTSE – the UK key benchmark slid 0.1%.
Credit Agricole slumped 0.8% after its CEO stressed it was considering joining the flock of potential suitors for Commerzbank.
Additionally, in France, Airbus appeared to be the top loser, going down 1.5%.
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Important events on February 17-21
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
TESLA needs more money
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
Latest news
ZAR: an intriguing speech
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
CAD: is Canadian GDP puzzled?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
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