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European Indices Fall Amid Bond Panic, Worries about Greek Debt

July 9, 2023
in Trade Tube
Reading Time: 1 min read
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A government bond selloff and continued jitters about Greece – despite tentative signs of progress – conspire to push European stock indices sharply lower. Among a sea of red on benchmark indices Deutsche Telekom gains on a Wall Street Journal report that it’s close to a deal with Dish Network (DISH) to merge its T-Mobile USA (TMUS) subsidiary with the satellite-TVcompany. Areva rises and EDF falls as the French government approves a reactor-unit fusion between the two state-backed companies. And in Asia Alibaba Pictures falls in Hong Kong, and Rakuten declines in Tokyo on share-sale plans

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