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European stock index futures tumble on Trump travel ban

Published 03/12/2020, 03:05 PM
Updated 03/12/2020, 03:08 PM
© Reuters.  European stock index futures tumble on Trump travel ban
DE30
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UK100
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EU50
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March 12 (Reuters) - European stock index futures plunged to
their lowest since mid-2016 on Thursday as investors worried
about the economic shock from dramatic travel restrictions
imposed by U.S. President Donald Trump in an attempt to contain
the coronavirus.
Trump on Wednesday suspended travel from Europe to the
United States for 30 days, responding to mounting pressure to
take action against the outbreak, which the World Health
Organisation now classifies as a pandemic. Euro Stoxx 50 futures STXEc1 were down 6.1% at 0700 GMT,
after earlier plummeting as much as 8.3%. FTSE futures FFIc1
gave up 5.2%, while German DAX futures FDXc1 tumbled 6.0%.

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