Disarray in European Stock Markets as Bond Interest Rates Soar: A Comprehensive Analysis

2023-10-04 16:47:02

European stock markets closed in disarray on Wednesday, hesitant following economic publications in the United States, once morest the backdrop of bond interest rates evolving at levels considered high by investors.

The Paris Stock Exchange ended at an unchanged level (-0.00%) and Frankfurt gained 0.10%. London, on the other hand, dropped 0.77%, driven by the decline in the oil and tobacco sector, following the announcement of new restrictions on the sale of cigarettes by Prime Minister Rishi Sunak.

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