Tuesday 6 June 2017

Markets fall amid terrorism concerns

Markets fell on Monday.

The S&P 500 and the STOXX Europe 600 fell 0.1 percent. Most Asian stock markets also fell.

Reaction to the terrorist attack in London on Saturday was relatively muted.

Adam Sarhan, chief executive of 50 Park Investments, said that “the fact that we’re not down more after an attack like this is a sign of strength”.

Oil prices fell, reversing early gains that had followed news that Saudi Arabia, Egypt, Bahrain and the United Arab Emirates had cut relations with Qatar for allegedly interfering in their internal affairs and supporting terrorism.

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