5/31/2023, 5:36 PM (Source: TeleTrader)
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DAX falls 1.5% at close after US job market data

Stock indexes in Europe fell sharply at the close on Wednesday as new United States job openings data reignited worries that the central bank of the world's strongest economy would continue tightening. Traders on the continent also assessed German inflation and unemployment data, as well as a consumer price report out of France.

The DAX lost 1.54% at the close as Covestro declined 4.85%. The FTSE 100 closed 1.01% lower with Prudential falling 6.13%. The CAC 40 was down 1.54% at the end of trading as its worst performer Renault dropped 4.31%. The EURO STOXX 50 closed with a 1.71% decrease. BBVA and Essilorluxottica each lost 3.74%.

The euro was 0.66% lower than the dollar at 5:34 pm CET, trading at 1.06636. The pound was down 0.15% compared to the American currency, going for 1.23964 at the same time.

Baha Breaking News (BBN) / MS