Iseq falls to seven-month low on fears over global economy

Irish Times | Aug 15, 2019 at 6:32 PM
  • The Iseq stock market index in Dublin and wider European equity markets fell on Thursday as investors became increasingly worried about the global economic outlook.
  • US stocks were trying in mid-afternoon trade to recover from a steep sell-off a day earlier, as strong retail sales data and upbeat Walmart earnings eased concerns of a recession, but mixed signals on trade and Cisco’s dismal forecast capped gains.
  • The company’s strong report lifted the wider consumer staples sector.