(ANSA) – ROME, APR 7 – The Milan bourse closed 5.18% down Monday, the third straight plunger since last Wednesday’s announcement of US President Donald Trump’s tariffs.
The benchmark FTSE-Mib index closed on 32,853 points.
Europe also suffered again, as did other global stocks, with London losing a further 4.4%, Paris and Amsterdam 4.7%, Frankfurt 4% and Madrid 5.1%.
The falls were briefly paused amid reports Trump would pause tariffs for 90 days but then resumed after the White House branded the report fake news.
In New York the Dow Jones was 1.28% down after the report, the Nasdaq 0.25% down and the S&P 0.75% down, but all appeared set to fall further after the denial. (ANSA).
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The benchmark FTSE-Mib index closed on 32,853 points.
Europe also suffered again, as did other global stocks, with London losing a further 4.4%, Paris and Amsterdam 4.7%, Frankfurt 4% and Madrid 5.1%.
The falls were briefly paused amid reports Trump would pause tariffs for 90 days but then resumed after the White House branded the report fake news.
In New York the Dow Jones was 1.28% down after the report, the Nasdaq 0.25% down and the S&P 0.75% down, but all appeared set to fall further after the denial. (ANSA).
Read article…
