Posted on June 1, 2022 In the last trading session of the month yesterday, Tuesday, sales prevailed in the main European stock markets. Thus, the Euro Stoxx 50 closed with a drop of 1.36%, to 3,789 points, while the Ibex 35 lost 0.89%, to 8,851 points. The decline in the European stock markets has moderated the gains accumulated in the month of May, inflationary tensions, the rise in interest on debt and the rise in oil prices were key in yesterday’s session. In Europe, the rises of Kering and Total Energies stood out, with 1.99% and 0.87% respectively. Meanwhile, on the loss side, Safran, ASML, Adyen or Airbus closed with falls of more than 3%. The Ibex 35 has lost the threshold of 8,900 points, affected by the fall of Wall Street, tourist companies and banks. Within the Spanish selective, the main increases were taken by Telefónica, Repsol and Acerinox, with increases of 2.16%, 1.01% and 1.00% respectively. Among the most notable falls we find IAG (-4.91%), Amadeus (-4.62%) or Fluidra (-2.07%). In the United States, after the return to activity after the ‘Memorial Day’ holiday last Monday, Wall Street closed on Tuesday in the red. The market has suffered strong lurches due to inflation and fear of a possible recession. The Dow Jones lost 0.67%, the S&P 500 fell 0.63%, while the Nasdaq fell 0.41%. INFORMATIONTitleEuropean stock markets end May with losses and Wall Street closing in negativeDescriptionIn the last trading session of the month on Tuesday, sales prevailed in the main European stock markets. Thus, the Euro Stoxx 50 closed with a drop of 1.36%, to 3,789 points, while the Ibex 35 lost 0.89%, to 8,851 points. Author GLOBALCAJA
European stock markets end May with losses and Wall Street closing in negative
