European stock futures slump 2% on report France mulling national lockdown
Reuters
Published Oct 28, 2020 07:39
(Reuters) - European stock futures dropped to a fresh five-month low on Wednesday after a report France was mulling a month-long national lockdown to combat a surge in coronavirus infections.
Euro Stoxx 50 futures (STXEc1) were off 2% at 0728 GMT, while German DAX futures (FDXc1) shed 1.9% and UK's FTSE futures (FFIc1) dropped 1.4%. Wall Street futures were down about 1%.
French President Emmanuel Macron will give a televised address later in the evening, his office said.
Europe's third-largest economy reported 523 new deaths from coronavirus over the past 24 hours, the highest daily toll since April 22, while United Kingdom recorded 367 deaths on Tuesday, the highest daily toll since May 27.
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Written By: Reuters
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