German Zew falls to 4-year low

The major European indices for ending the session lower. The German ZEW indicator fell to its lowest point since January 2015. Trade friction and slowing China growth is also a catalyst for the decline.

Provisional closes are showing:

  • German DAX, -0.5%
  • France's CAC, -0.56%
  • UK's FTSE, -1.01%
  • Spain's Ibex, -0.26%
  • Italy's FTSE MIB, -0.97%

In the US, stocks are also taking it on the chin today. The snapshot is currently showing:

  • Dow industrial average, -190 points or -0.78%
  • S&P index, -24.33 points or -0.9%
  • NASDAQ composite index -76 points or -1.03%