The world’s main stock market indices further deepened the falls already recorded in Friday’s session, after several companies, including airlines and airports, revealed that they are facing technical difficulties that are delaying operations.
If the latest sessions were already penalizing the technology companies with the largest market capitalization, this scenario is getting worse today. The cause of the widespread technical problems is likely to be related to Microsoft’s cloud, the Azure system, as well as the software of CrowdStrike, a cybersecurity company, although it is still uncertain what exactly happened.
Across Europe, the opening of several stock exchanges has been postponed. At this time, the benchmark index, Stoxx 600, which brings together the 600 largest listed companies on the Old Continent, is down 0.56%. The travel sector, naturally one of the sectors most affected by the current disruptions, is experiencing the biggest drop, losing more than 2.5%. The London Stock Exchange – the group that operates the London stock exchange – fell by as much as 1%.
Euronext, a group that manages several European stock exchanges, indicated this morning, cited by Bloomberg, that some indices linked to North America are currently being transmitted with incorrect ratings and that the closing values of this Thursday.
Also in the pre-market on Wall Street, which only starts trading at 2:30 pm in mainland Portugal, Microsoft shares continue to depreciate by more than 2%. The North American CrowdStrike also plunges by more than 17%. Among the airlines, American Airlines and Delta Air Lines are falling slightly.
Source: www.jornaldenegocios.pt
