Little rise in Wall Street in sight | Tesla stock is expected to fall further

The European stock markets are changing no real trendwedged in between interest rate concerns and the announcement of the reopening of China’s borders, which was part of a further relaxation of health restrictions. These easings are fueling the prospect of a recovery in the world’s second-largest economy.

The Euro Stoxx 50 lost 0.27% and the Stoxx 600 was flat. Amsterdam is down 0.44%, Frankfurt is down 0.29%, Paris is down 0.20% and Brussels is down 0.10%.

In London, the FTSE 100, closed since Friday, is up 0.7%, also benefiting from the announcement of the lifting of the quarantine imposed since March 2020 on travelers entering Chinese territory in connection with the coronavirus- the pandemic. Covid-19.

Futures contracts on the main US indices, for their part, portend an opening close to equilibrium and in scattered order. The Dow Jones would rise 0.10%, the S&P 500 would start unchanged and the Nasdaq would fall 0.14%.

If the weak trading volumes of recent days, associated with the absence of many investors, artificially amplify upward or downward movements, the underlying trend remains generally cautious in equity markets, fearing continued monetary policy tightening by central banks and risk of recession.

Wall Street’s three major indexes are headed for their biggest annual decline since the 2008 financial crisiswhile the pan-European Stoxx 600, which has lost around 12% so far, could see its biggest annual decline since 2018.

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