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European stocks slump as travel companies tumble on virus worries

Dow Jones2021-07-19

European stocks skidded on Monday as travel and leisure stocks fell.

The Stoxx Europe 600 fell 1.15% to 449.50, on worries about the inability of major economies to return to normality as the COVID-19 pandemic lingers even with the emergence of vaccines. Decliners included cruise operator Carnival , plane maker Airbus and engine maker Safran .

Of the major regional indexes, the German DAX declined 0.96%, the French CAC 40 slumped 1.18% and the U.K. FTSE 100 slumped 1.12%.

In England, the lifting of many restrictions, dubbed "Freedom Day," was also coupled with new restrictions on travel to France, on worries about the beta variant of the coronavirus that causes COVID-19.

Reversing an earlier decision, U.K. Prime Minister Boris Johnson is now in quarantine until July 26 , after contact with the country's health minister, who is a confirmed coronavirus case.

The Nikkei 225 declined 1.3% in Tokyo, in what was a broad pullback across most of Asia. Infections reported in the Olympic Village ahead of the opening games underscored the difficulties the world has encountered trying to reopen economies.

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评论8

  • at135
    ·2021-07-19
    [开心] 
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  • Lyncia
    ·2021-07-19
    [Anger] 
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    • Kelowee
      Yes
      2021-07-19
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  • Rbj
    ·2021-07-19
    Comment and like pls
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    • Jefflim
      K
      2021-07-19
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  • Untame
    ·2021-07-19
    Would be rooting for a strong 10% downtrend in the next month...
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  • bulldoze
    ·2021-07-19
    They are opening up too fast. It's like building up a house of cards. Too fast, it will collapse
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    • Tygress
      Slow and steady
      2021-07-19
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  • GoatYen
    ·2021-07-19
    [财迷] 
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  • 7a1f5064
    ·2021-07-19
    Still no sign of relief. 🙁
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  • OldYee
    ·2021-07-19
    Time to look for good companies and do due diligence checking... Travel companies will be better in future....
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