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Markets sink into deep depression

2020-03-06T18:29:01.686Z


The CAC 40 plunged 4.14% on Friday. Undermined by the coronavirus, the index returned more than a year back.


The sky is still darkening in the markets. Undermined by the progression of the coronavirus epidemic, investors continue to mourn. In Paris, the CAC 40 plunged 4.14% on Friday to finish the session at 5,139.11 points. It thus recorded its largest decline since June 24, 2016 session which had followed the British vote in favor of Brexit. In two weeks, the Paris Stock Exchange has lost about 15%. She has now returned more than a year ago.

The other major financial centers in the world are on the same line. From New York to Frankfurt via the Asian stock markets, the indices are everywhere loose. Frankfurt dropped 3.37% on Friday, London 3.6% and Milan 3.5%. On Wall Street, the Dow Jones dropped 2% in session after having already plunged 3.6% the day before.

Actions around the world to try to limit the economic impact of the coronavirus epidemic fail to turn the tide.

After the surprise reserve rate cut

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Source: lefigaro

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