European stocks open lower on S&P bank downgrade

Note: This section contains information in English only.
Source: Marketwatch
On Wednesday morning European stock markets traded down as S&P ratings agency reported downgrade of 37 international banks including major US and European financials. Moreover, investors kept monitoring developments in Brussels. FTSE 100 and French CAC 40 Index both dropped 0.8% to 5,294.98, and 3,003.05 respectively, while German DAX edged down 0.7% reaching 5,761.17.

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