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Fear has taken over: sharp declines on Wall Street, in Europe and in the country

The fear of closure in Germany and the increase in morbidity in the rest of Europe and the United States plummeted the indices, when the blow reached Tel Aviv.

Nasdaq and Dow Jones are down more than 3 percent, the German stock market is down 4.5, Tel Aviv 35 is down 2.6 percent

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Wednesday, 28 October 2020, 20:32 Updated: 20:36

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Global markets are worried, and not just because of the upcoming elections this coming Tuesday.

Today (Wednesday) there were sharp declines on Wall Street, on the eve of the publication of the reports of the technology giants Google, Apple, Amazon and Facebook.

The declines were mainly due to the increase in morbidity in the United States, when after a period of calm and a certain decrease, the numbers rose again and yesterday reached 75,000 infected.

The Nasdaq and Dow Jones indices are down more than 3 percent.

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There have also been sharp declines in Europe, following the tightening of supervision of residents in the various countries and reports that Germany is expected to enter another closure.

The London Potassium Index fell 3.2 percent and Deutsche Bourse Dax fell nearly 4.5 percent.

And what about Israel?

We were not left behind, as they say.

The Tel Aviv 35 index fell by 2.59 percent and Tel Aviv Real Estate by 2.11 percent. The main reason for the sharp declines is the negative wind blowing from the markets, but the slow exit from the local quarantine also has consequences.

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