Stock exchanges News and analyses

Second day of declines on stock exchanges in Europe and the US

On Tuesday, major indexes in Europe and the US ended the trading session with decreases after positive inflation data in Britain and victory of the first debate of the center-right presidential candidate of France.

With the approach of the French elections in early European session, the French CAC40 rose, but a survey reported that the challenger for the presidency - centrist Emmanuel Macron is the winner of the first debate. As a result, the index ended with a fall of 0.2% to 5002.

Britain's FTSE 100 also records a loss of 0.69% or 51 points to 7378, after it became clear that for the first time in three years, inflation in Britain passed the limit of 2%. In February, consumer prices recorded a growth of 2.3% yoy, announced on Tuesday in London based National Institute of Statistics (ONS). This is the highest inflation rate since September 2013. Experts had expected a slightly lower level - 2.1%

Overseas, major indexes also lost, namely SP500 fell 29 points or 1.24% to 2344, DOW JONES wiped 237 points or 1.14% to 20,668 and Nasdaq 107.70 or 1.83% to 5793.