Covid in China and harshness of the Fed weigh down European stock markets at the close


The control room of Euronext, the company that manages the Paris Stock Exchange (AFP / ERIC PIERMONT)

The European stock markets ended sharply lower on Monday, showing themselves fearful of the possibility of a massive reconfinement in China but also worried about the firm tone used by the American Central Bank, which must soon raise its key rates.

Paris and London fell by 2.01% and 1.88% respectively, weighed down in particular by luxury and raw materials, when Frankfurt lost 1.54% and Milan 1.53%.

© 2022 AFP

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