[ad_1]
Major global indices collapsed on Monday as investors lost hope about Europe’s trajectory, especially in the context of the COVID pandemic and new containment measures and disclosures on the practices of big banks, Marketwatch writes.
The failure of Washington to adopt new fiscal stimulus packages has also contributed to the rapid decline in US markets. The FTSE 100 index of the London Stock Exchange fell 3.38%, while in Germany, the DAX fell 4.37%, while the CAC 40 in France and the IBEX 35 in Spain fell 3.74%, respectively. 3.43%. In Italy, the FTSE MIB index fell 3.75%.
Hours earlier, European stock markets were also trading on the US market, with the Dow falling 2.74%, while the S&P 500 lost 1.96% and the Nasdaq 1.16. %.
Among the biggest drops are automaker Nikola, which fell nearly 20%, JPMorgan, which lost 3.95%, Deutsche Bank, which fell 8.76%, HSBC, which fell 6.18%.
The world’s leading banks have fallen dramatically in the wake of the FinCEN Files scandal, which revealed a total of $ 2 billion in transactions that financial institutions allowed year after year, but which helped more criminals around the world move their money. dirty, according to the international press.
Electric truck maker Nikola announced Monday that company founder Trevor Milton will step down as CEO immediately amid allegations that the entire business is simply “complex fraud.” quick action.
[ad_2]
