[Europe Open] Concerns Over Delta Variant... Early Trading Slightly Weak
[Asia Economy Reporter Cha Min-young] European stock markets opened slightly lower amid fears over the COVID-19 Delta variant, raising concerns about a potential slowdown in economic recovery.
As of 6 PM (Korean time) on the 7th, the Euro Stoxx 50 index is trading at 4,235.75, down 0.24% from the previous close.
The UK FTSE index is down 0.21% at 7,172.27, the German DAX index has retreated 0.29% to 15,886.20, and the French CAC index is down 0.18% at 6,731.19.
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European stock markets had risen the previous day amid optimism that the U.S. Federal Reserve's tapering policy would be gradual. However, Asian markets received mixed reactions from global investors due to concerns over the Delta variant, which also impacted European markets.
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