9:10 AM · 15 April 2020

BREAKING: Stocks decline as lockdowns are set to last longer

Stock markets in Europe are pulling back as lockdown measures are set to be extended and, in turn, hope for quick economic rebound wanes. Reports surfaced saying that Germany will extend lockdown until May 3. Earlier in the week it was reported that France will remain locked until May 11 and the UK economy may not reopen until May 7. DAX declines 1.7% and trades near the 10,500 pts mark.

DE30 pulls back from a 5-week high and test support zone at 10,500 pts. Source: xStation5

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