Stock Market News (US Open) – European stocks plunge across board, US equities open lower, give up on strong gains
Posted on August 8, 2017 at 1:55 pm GMTMajor European markets were lower today, with Germany’s DAX index faring the worst by falling 0.35%. The pan-European STOXX 600 index fell 0.25% and retraced earlier modest gains. In the US, the S&P 500, the Dow and the NASDAQ Composite fell around 0.15% when the market opened. Tempered demand from China, as seen in disappointing trade data earlier today weighed on the basic materials sector in the STOXX 600, which was the worst performing one, down 0.66%. The German DAX fared the worst among [..]