Markets fall as Germany and France impose fresh national lockdowns

‘Buy everything’ turns into ‘sell everything’

Anna Fedorova
clock • 2 min read

European and US stockmarkets fell on Wednesday after France and Germany announced new national lockdown measures as coronavirus cases across Europe spiral upwards once again.

The FTSE 100 closed the day 2.5% lower at 5,583 points, while the EuroStoxx 50 fell 3.5% to 2,964 points, as Europe's two largest economies imposed fresh four-week national lockdowns in an attempt to slow the spread of the virus. French President Emmanuel Macron announced that French residents will need a certificate to leave home, while non-essential businesses, bars and restaurants will remain closed at least until 1 December. In Germany, restaurants, bars and clubs will also be closed and residents are being advised to stay at home, while meetings between more than two households i...

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