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1:42 PM · 23 October 2018

Equity indices plummet on Tuesday

It’s a red day for equity markets around the globe. Fears of tighter monetary policy and a prospect of deteriorating economic outlook coupled with Italian jitters in Europe see investors abandoning their equity exposure regardless of the region. In Europe the biggest loser is Germany, where the DE30 is down more than 2% but the US indices like US100 and US500 are not that far off. US500 has just seen the lowest level since early July. Traders can take long positions in instruments like DE30 or US500 if they expect these markets to rise or short if they expect further price declines.  

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