Business Standard

Covid-19: Omicron worries spur 2% slide in European stock futures

Among regional markets, UK's FTSE futures dropped 1.8%, while German DAX futures lost 2.5%

commodity derivatives
Premium

Reuters
European stock index futures fell 2% on Monday amid a global sell-off in equities as investors fretted over rapidly rising COVID-19 cases due to the Omicron variant and the impact of tighter pandemic-related curbs on the global economy.

Futures tracking Europe's top 50 firms slumped 2.5%, with 29,149 contracts changing hands by 0708 GMT.

Among regional markets, UK's FTSE futures dropped 1.8%, while German DAX futures lost 2.5%. Elsewhere, Asian shares fell to one-year lows and oil prices slid more than 3%.

The Netherlands imposed a lockdown on Sunday, while the prospect of tighter COVID-19 measures ahead of the Christmas

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in