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European stock futures slump 2% on report France mulling national lockdown

Published 28/10/2020, 08:35
© Reuters.
DE30
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UK100
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EU50
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(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
Oct 28 (Reuters) - European stock futures dropped to a fresh
five-month low on Wednesday after a report France was mulling a
month-long national lockdown to combat a surge in coronavirus
infections.
Euro Stoxx 50 futures STXEc1 were off 2% at 0728 GMT,
while German DAX futures FDXc1 shed 1.9% and UK's FTSE futures
FFIc1 dropped 1.4%. Wall Street futures EScv1 were down
about 1%.
French President Emmanuel Macron will give a televised
address later in the evening, his office said. Europe's third-largest economy reported 523 new deaths from
coronavirus over the past 24 hours, the highest daily toll since
April 22, while United Kingdom recorded 367 deaths on Tuesday,
the highest daily toll since May 27.

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