European markets extended losses on Tuesday after Turkish fighter jets shot down a Russian warplane near the Syrian border.
Symbol
|
Name
|
Price
|
Change
|
%Change
|
Volume
| |
|---|---|---|---|---|---|---|
| FTSE | FTSE 100 Index | 6248.29 | -57.20 | -0.91% | 355720363 | |
| DAX | DAX Index | 10903.98 | -188.33 | -1.70% | 48736730 | |
| CAC 40 | CAC 40 Index | 4792.69 | -96.43 | -1.97% | 65502345 | |
| IBEX 35 | IBEX 35 Idx | 10114.40 | -163.00 | -1.59% | 103942422 |
The pan-European STOXX 600 was down over 1.8 percent with all major indices in negative territory. France's CAC was down more than 2 percent.
Oil prices got a boost Monday after Saudi Arabia pledged to work toward oil price stability and amid increased uncertainty around security in the Middle East.
Travel stocks hit after Russian jet shot down by Turkey
A Turkish official said that a Turkish fighter jet shot down a Russian warplane near the Syrian border after it violated Turkey's airspace. Russia's defense ministry denied any wrongdoing.
The news comes after the U.S. State Department issued a global travel alert for U.S. citizens on Monday, citing increased terrorist threats.
And in Belgium, officials are on a continuing nationwide manhunt for a key suspect of the Paris attacks, Salah Abdeslam, as Brussels remains on lockdown for a fourth day.
Europe's travel stocks took a hit as a result. Accor, the owner of the Sofitel and Novotel hotel chains, was trading down over 5 percent.
Patrick Abboud
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