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European stock index futures slump as coronavirus worries deepen

Published 03/23/2020, 03:11 PM
Updated 03/23/2020, 03:20 PM
© Reuters.

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)
March 23 (Reuters) - European stock index futures fell to
near eight-year lows on Monday after several countries expanded
measures to curtail the spread of the virus outbreak, with Italy
banning even domestic travel as the number of fatalities in the
country topped 5,400.
Euro Stoxx 50 futures STXEc1 were off 4.1% at 0700 GMT,
after attempting a rebound on Friday as global policymakers
announced another wave of stimulus to cushion the economic blow
from the pandemic.
Sentiment waned again on Monday as the relentless spread of
COVID-19, the disease caused by the novel coronavirus, forced
entire countries to self-isolate and brought economic activity
to a grinding halt. MKTS/GLOB
German DAX futures FDXc1 fell 3.9% after two straight days
of gains, while FTSE 100 futures FFIc1 and French futures
FCEc1 were down 4.1% and 4.6%, respectively.

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