{"id":61394,"date":"2022-03-04T16:28:45","date_gmt":"2022-03-04T12:28:45","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=61394"},"modified":"2022-03-04T16:28:49","modified_gmt":"2022-03-04T12:28:49","slug":"european-shares-headed-for-a-third-weekly-decline","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-shares-headed-for-a-third-weekly-decline\/03\/04\/market-updates\/","title":{"rendered":"European Shares Headed For a Third Weekly Decline"},"content":{"rendered":"\n<p>European shares fell on Friday, heading for a third consecutive week of losses, following reports that a nuclear plant caught fire amid heavy fighting between Russian and Ukrainian forces.<\/p>\n\n\n\n<p>The pan-European STOXX 600 index was down 1.4 percent by 0837 GMT after Asian shares fell to a 16-month low.<\/p>\n\n\n\n<p>The German DAX index fell 2.2 percent to its lowest level in a year, with the auto sector index falling more than 3.6 percent. The French CAC 40 index fell 2.2 percent, while the British FTSE 100 lost 1.4 percent.<\/p>\n\n\n\n<p>European markets are at the center of a sell-off fueled by fears of the region&#8217;s geographical proximity to Russia and its heavy dependence on Russian gas imports.<\/p>\n\n\n\n<p>Michelin shares fell 4.7 percent after the French tire maker said it would temporarily suspend production at some of its factories in Europe due to logistical problems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell on Friday, heading for a third consecutive week of losses, following reports that a nuclear plant caught fire amid heavy fighting between Russian and Ukrainian forces. The pan-European STOXX 600 index was down 1.4 percent by 0837 GMT after Asian shares fell to a 16-month low. The German DAX index fell 2.2 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[8275,8854,7534,7485],"class_list":["post-61394","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-russian-economy","tag-russian-invasion-of-ukraine","tag-sanctions","tag-yellen"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=61394"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61394\/revisions"}],"predecessor-version":[{"id":61413,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/61394\/revisions\/61413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52181"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=61394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=61394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=61394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}