European stocks slump after North Korean missile test

European stocks slump after North Korean missile test

On Tuesday, European equities decreased because market participants digested North Korea’s claim that it had turned to be a nuclear state. Traders would trade neglecting Wall Street because the New York Stock Exchange is still closed due to the Independence Day holiday.

The benchmark Euro Stoxx 50 went down 0.39%, Germany’s DAX 30 dipped 0.36%, and  France’s CAC 40 lacked 0.45%

On Tuesday, North Korea declared it successfully tested a new intercontinental ballistic missile. It demonstrated a trajectory experts told could potentially allow a weapon to reach Alaska. The recent missile test has given grounds to North Korea to consider itself a proud nuclear state, capable of targeting anything in the world.   

Stocks in STADA leapt 2.5% on reports that the German generic drug producer might stumble on an improved takeover offer from Bain Capital and Cinven, following the previous offer of €5.3 billion, which fell through in June.

FTSE 100 dived 0.17% in London.

 

Similar

FTSE 100 heads south

On Friday, British blue-chip equities went down, getting back to negative territory after American leader Donald Trump told that he was geared up towards slapping duties on some $500 billion in China’s imports, potentially boosting his administration’s…

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera