Sana'a:According to Yemen News Agency, European stock markets saw a collective decline at the close of trading on Thursday. This downturn comes as investors increasingly avoided risk due to global bond yields remaining near their highest levels in several years.
The European Stoxx 600 index experienced a drop of about 1.14 percent, driven by widespread selling in the markets. Similarly, Germany's DAX index fell by 0.87 percent, influenced by the pressures of rising global yields and heightened investor caution.
The British FTSE 100 index recorded the largest loss among major European indices, declining by approximately 1.68 percent. Meanwhile, the French CAC 40 index also faced a significant decrease, losing around 1.62 percent.
These market declines occurred as investors continued to closely watch the trends in global bond yields. There are growing concerns about the ongoing tightening of financial conditions and rising financing costs, prompting traders to reduce their exposure to high-risk assets.
