The Ibex and the rest of Europe fall sharply after the Fed and in fear of a flare-up

Strong falls in the European stock markets this Thursday (Ibex: -3%. 7,431 points) due to the fear of a flare-up of the coronavirus. The cancellation of the hugely popular Coachella and Stagecoach music festivals was announced Wednesday in fear of the Covid-19 being spread. In addition, several US states that were among the first to reopen after the shutdown have reported increases in cases and hospitalizations.