+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

European markets end the week on a bum note

Sep 18, 2015, 21:07 IST

REUTERS/Marcelo del Pozo

The FTSE 100 closed down 1.34% to 6,104.11 on Friday, while European markets had a big sell off after the US Fed's decided to delay an expected interest rate rise on Thursday.

Advertisement

The Fed's concern over the global economy, especially risks coming from China and emerging markets, hit investor sentiment.

In the US, the Dow was off 235 points, the S&P 500 was down 38, and the Nasdaq fell 20.

European markets had a terrible day. Germany's Dax fell 2.77% while France's CAC40 was down 2.48%. The Euro Stoxx 50, an index of the region's biggest companies, was down 2.85% at the time of writing.

The FTSE had a mini-flash crash during lunch, but recovered. It closed down 0.22% on the week.

Advertisement

Google

Here's what the Euro Stoxx 50 looks like on Friday. At the time of writing it's down 2.85%:

Investing

NOW WATCH: Animated map renames states for countries with similar GDPs

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article