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Spanish tensions keep Europe away from global stocks party

Tensions between Madrid & Catalonia have risen since the wealthy region held an independence referendum on Sunday

Reuters  |  London 

Global stock markets hit a record high on Wednesday with investors in exuberant mood in the United States overnight and in Asia later, but sentiment in Europe was soured by a political crisis gathering steam in Spain. Tensions between Madrid and Catalonia have risen since the wealthy region held an independence referendum on Sunday that was tarnished by police violence. The fallout from those clashes nudged Spanish stocks towards their biggest daily fall in more than a year on Wednesday, in turn dragging down other European bourses. Catalonia would move as soon as this ...

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First Published: Wed, October 04 2017. 18:10 IST
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