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European stock index futures tumble on Trump travel ban

Published 12/03/2020, 08:05
Updated 12/03/2020, 08:09
© Reuters.  European stock index futures tumble on Trump travel ban
DE30
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UK100
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EU50
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(For a live blog on European stocks, type LIVE/ in an Eikon

news window)

March 12 (Reuters) - European stock index futures plunged to

their lowest since mid-2016 on Thursday as investors worried

about the economic shock from dramatic travel restrictions

imposed by U.S. President Donald Trump in an attempt to contain

the coronavirus.

Trump on Wednesday suspended travel from Europe to the

United States for 30 days, responding to mounting pressure to

take action against the outbreak, which the World Health

Organisation now classifies as a pandemic. Euro Stoxx 50 futures STXEc1 were down 6.1% at 0700 GMT,

after earlier plummeting as much as 8.3%. FTSE futures FFIc1

gave up 5.2%, while German DAX futures FDXc1 tumbled 6.0%.

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