Exotic European Stocks Plunged for the Second Day

It’s already been three days that the European stocks have been in depreciating condition, and now again for the second day the European stocks have come down owing to Ryanair Holdings which has led the Dow-Jones Stoxx 600 index to its biggest drop in almost 3 months. It is learnt that the European Central Bank will probably raise its key rate tomorrow by 4%. Meanwhile, the Stoxx 600 was down by 0.6% to 396.61. Apart from that, the U.K’s FTSE 100 slithered to 0.5% and Germany’s DAX skated to 0.7% and France CAC 40 slipped to 0.8%

In my opinion, the European stocks depreciating position will not continue for long. Lets hope that they maintain a good position.

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