European Stocks End Lower on US-Iran Tensions (Market Trading)
January 6, 2020•122 words
Stock markets in Europe closed in the red on Monday as concerns about a Middle East conflict prompted investors to dump riskier assets, after US President Donald Trump threatened to attack more than 50 Iranian sites if Tehran retaliates against the killing of general Qassem Soleimani. Meanwhile, Iran already announced it would withdraw from the 2015 nuclear deal, while the Trump administration warned it would impose sanctions on Iraq if it forces US troops to leave the country. The DAX 30 lost 92 points or 0.7%; the FTSE 100 fell 47 points or 0.6%; the CAC 40 slid 31 points or 0.5%; the IBEX 35 retreated 46 points or 0.5%; and the FTSE MIB dropped 121 points or 0.5%.