- Analytics
- News and Tools
- Market News
- European stocks close: stocks closed lower after comments by the Fed Chair Yellen and due to rising tensions in Ukraine
European stocks close: stocks closed lower after comments by the Fed Chair Yellen and due to rising tensions in Ukraine
Stock indices closed lower after comments by the Fed Chair Yellen and due to rising tensions in Ukraine. Janet Yellen said that the U.S. labour market is not yet fully recovered. But she added that the U.S. labour market was improving. The Fed Chair Yellen offered no signal when the Fed will start to raise its interest rate.
Investors speculate that the Fed may hike its interest rate sooner than expected.
Tensions over Ukraine also weighed on markets. Ukraine said Russian humanitarian aid trucks crossed the Ukrainian border without being accompanied by the Red Cross.
The European Central Bank President Mario Draghi will also speak in Jackson Hole later in the day, but the European markets will be closed.
No major economic reports were released in the Eurozone.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,775.25 -2.41 -0.04%
DAX 9,339.17 -62.36 -0.66%
CAC 40 4,252.8 -40.13 -0.93%
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
