Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

European stock futures drop as U.S., China spar over virus origin

Published 05/04/2020, 02:35 AM
Updated 05/04/2020, 02:40 AM
© Reuters. The German share price index DAX graph is pictured at the stock exchange in Frankfurt

(Reuters) - European stock index futures tumbled on Monday, as investors returned from a May Day break to a fresh trade spat between the United States and China over the coronavirus crisis.

The Euro STOXX 50 futures (STXec1) fell 3.3% by 0613 GMT, suggesting a downbeat start in May after the STOXX 600 (STOXX) recorded a 6% gain in April.

U.S. Secretary of State Mike Pompeo said on Sunday there was "a significant amount of evidence" that the new coronavirus emerged from a Chinese laboratory, ratcheting up tensions with the country after last week's warning from President Donald Trump of retaliatory measures against China over the pandemic.

China's Global Times said in an editorial that Pompeo was "bluffing," calling on the United States to present the evidence.

German stock futures (FDXc1) were down 3.2%, while France's CAC 40 (FCEc1) fell 3.2%. FTSE futures (FFIc1) dropped 0.4%.

Latest comments

who cares who dit it but at the end of the day to whom does this profit.. definitely china
I dont believe that china made the covid-19, trump is just trying to say something to justify his ignorance and try some luck at 2020 elections...
China has played this game well. there may not be hard evidence to prove it but they are capable of starting a biological war and it is impossible to conceive that it did not spread across China but went viral across the world. They are flexing their muscle every where and the West is too weak and polite to even admit it, yes the ostrich syndrome.
the benefit that china wanna get from these subversive actions is not lawful, kosher and legitimate.
Dear china, please stop your intruder and subversive actions. You wanna ***others and just you be alive, you made your population a lot for this reason.
*** = kil others
Created in Lab by China that first took a big hit, just "non-sense".
This is out of market moral (and culture and ethics) china made corona in lab for importing oil with lower price, for producing junky masks. for falling down all indexes and buy them in lower price and ...
This is the sickest, immature, narcissistic president and administration we ever had. Their ego is bigger than the common interest.
Translation - China: Yes we're lying but prove it.
Searching for the virus of mass destruction?
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.