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Yesterday's collapses on Wall Street and those of this dawn in Asia already gave an idea of ​​where things would go in Europe, where the main indexes have opened with severe collapses before the expansion of the coronavirus and its effects on the economy. In the case of the Ibex 35 , the drop has touched 6% in the first minutes of trading and remains above 5%, placing the selective on the verge of losing 7,000 points.

Practically all the values ​​of the selective are in the red , although Arcelor is the company that suffers the greatest punishment when falling by 9.5%. IAG, Ferrovial and Aena also left more than 8%, after Donald Trump's announcement to ban flights from Europe for a month. Amadeus , another value related to tourism, fell more than 6.5%.

The rest of the places in the region follow the same trend in these early stages of listing. The Dax in Frankfurt and the Ftse Mib in Milan are over 5% lower, while the Cac 40 in Paris and the Ftse 100 in London are close to that level.

Hours earlier, the Tokyo stock exchange closed with a decline of 4.41% in the Nikkei, its main indicator, its worst level in almost three years, weighed down by declines on Wall Street. In the US, the Dow Jones Industrials closed with losses of 5.85%, up to 1,464 points, standing at about 23,553 and entering what analysts define as a bear market or bear market, after losing 20% of its value since the last record (in mid-February).

The selective S&P 500 fell 4.89% and the Nasdaq, which brings together major technology companies, 4.70%, to 7,952 integers.

Uncertainty about the expansion of the coronavirus and its impact on the economy finds no relief in the measures announced in recent days by central banks and governments around the world.

German Chancellor Angela Merkel was yesterday willing to relax the "zero deficit" objective to tackle the "extraordinary" situation caused by the epidemic, and in Italy, the Government approved a disbursement of 25,000 million euros to deal with the social and economic consequences of the coronavirus.

Within the EU, the European Commission, through its president, Ursula von der Leyen, announced on Tuesday that it will immediately mobilize up to 7.5 billion euros of the Structural Funds to create a mechanism that alleviates the economic effects of the coronavirus In SMEs, avoid liquidity problems and help the health sector.

And in the United States, Donald Trump proposed to Congress a stimulus plan that includes tax cuts and support measures for sectors such as tourism or transportation.

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