Stock Market News (US Open) – European equities in doldrums as geopolitical woes continue, US retailers plummet
Posted on August 11, 2017 at 1:52 pm GMTWoes among European equities continued during the day as political tensions failed to dissipate. The pan-European STOXX 600 extended its losses by 1.10% with the Italian FTSE MIB index underperforming other indices on the old continent by falling 1.47%. In the US, the main indices opened higher following the dollar weakening ahead of US trading on inflation disappointment. The Dow Jones index rose 0.17%, the S&P 500 was up 0.07% and the NASDAQ Composite rose 0.12%. Sentiment for European stocks [..]