New splash of world stock exchanges. Moving towards the worst week since 2011, Europe closes in deep red and sees 328 billion vanish. Milan loses 2.66%, slides to lows since December and burns 14 billion. Bad London and Paris, which suffer losses of more than 3%. It also sinks Wall Street, engaged in an unbridled race towards its seven worst days since the financial crisis. The American price lists close with losses over 4% in what some observers call a new "bloodbath" with "free fall" indices. Thursday was particularly black for the Dow Jones and the S&P 500 which experienced the biggest points losses in history. Oil also collapsed, updating the lows of the last 13 months losing 3.9%, and Treasury yields: they fell to new historical lows with investors fleeing to safe haven assets.
Thump of bags, the specter of the 2008 crisis hovers
2020-02-27T22:30:42.360Z
Europe burns 328 billion. Black Thursday on Wall Street, the lists lose more than 4% (ANSA)