2023-08-02 07:11:59
The control room of Euronext, the company that manages the Paris Stock Exchange (AFP / ERIC PIERMONT)
European stocks opened sharply lower on Wednesday, feeling the brunt following Fitch’s US credit rating was downgraded, an announcement that prompted profit taking.
The Paris Stock Exchange lost 1.26% at 9 a.m. (0700 GMT), Frankfurt 1.31%, Milan 1.08% and London 0.81% in the first exchanges. On the bond market, interest rates on European debt were down slightly, a sign that investors are turning to low-risk assets.
Euronext CAC40
1690964877
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