Wall Street and European stock markets close the month with significant losses

Published on October 4, 2022 The main European stock indices closed the session on Friday with widespread increases, although they closed a black month of September with significant losses. The Euro Stoxx 50 gained 1.19% to 3,318 points, while the Ibex 35 rose 0.91% to 7,366 points. The rise in inflation, the conflict in Ukraine and the energy situation in Europe have led to a strong setback in European stocks in recent months. During the month of September, the main European reference index fell by 5.2%. Last Friday, in the last session of the week in the Euro Stoxx 50, big gains for stocks like Vonovia (+5.61%), Adyen (+4.93%) or Siemens (+2.99%). On the opposite side, we find Adidas with a drop of 4.14%, followed by Volkswagen (-1.60%) and Deutsche Telekom (-0.83%). The Ibex 35 has closed the month of September with a global fall of 6.59% and marks the second month of the year with the most fall. In 2022 the total loss of the Spanish selective so far this year is 15.46%. In the last session, green prevailed thanks to the telecommunications, consumer goods and construction sectors, where stocks such as Amadeus stood out, with a rise of 4.63%, Fluidra (+4.30%) and Inmobiliaria Colonial (+ 3.96%). On the negative side, the energy companies Endesa (-1.78%), Red Eléctrica (-1.20%) and Enagás (-1.15%). In the United States, Wall Street closed again with losses on Friday of last week, with September being its third consecutive month with losses. These declines were weighed down by the consumer goods, public services and technology sectors. The Dow Jones fell 1.71%, the S&P 500 fell 1.51% and the NASDAQ fell 1.51%. INFORMATIONTitleWall Street and the European stock markets close the month with significant lossesDescriptionThe main European stock indices closed the session on Friday with widespread increases, although they closed a black September with significant losses. The Euro Stoxx 50 gained 1.19% to 3,318 points, while the Ibex 35 rose 0.91% to 7,366 points. Author GLOBALCAJA