European and US stockmarkets fell on Wednesday after France and Germany announced new national lockdown measures as coronavirus cases across Europe spiral upwards once again.
The FTSE 100 closed the day 2.5% lower at 5,583 points, while the EuroStoxx 50 fell 3.5% to 2,964 points, as Europe's two largest economies imposed fresh four-week national lockdowns in an attempt to slow the spread of the virus. French President Emmanuel Macron announced that French residents will need a certificate to leave home, while non-essential businesses, bars and restaurants will remain closed at least until 1 December. In Germany, restaurants, bars and clubs will also be closed and residents are being advised to stay at home, while meetings between more than two households i...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
