S&P Dow Jones Indices Europe Dashboard

In the midst of a rollercoaster month for global equities, and with signs of slowing economic growth, the S&P Europe 350® completed its worst month since January 2016, falling 5% in October.
The S&P United Kingdom fell by a similar amount in local terms, but a confrontation between the European Commission and Italy’s populist government over the latter's budget proposals saw the euro lose ground against the sterling over the month, thus boosting the U.K.’s contribution to the pan-European blue chip benchmark.
Figures announced towards the end of the month showed that Italy's GDP growth rate had fallen to zero in the third quarter, adding further pressure on the political impasse over the budget. The S&P Italy Sovereign Bond Index declined 1.5%, as “bond vigilantes” added their verdict to the European Commission’s fears for Italy’s ongoing fiscal health.