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Stock impact report

European business activity crashes to 'shocking' lows on coronavirus pandemic [CNBC]

IHS Markit Ltd. Common Shares (INFO) 
Last ihs markit ltd. common shares earnings: 3/24 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.ihsmarkit.com
Company Research Source: CNBC
zone business activity hit another record low during April in another sign that thecoronavirus pandemicThe IHS Markit Purchasing Managers' Index, which measures both the services industry and manufacturing, dropped13.529.7"April saw unprecedented damage to the euro zone economy amid virus lockdown measures coupled with slumping global demand and shortages of both staff and inputs," Chris Williamson, chief business economist at IHS Markit, said in a statement.Williamson added that this year's second-quarter activity could "record the fiercest downturn the region as seen in recent history."VIDEO8:5208:52Why we're facing the worst recession since the Great DepressionCNBC Reports zone countries have been some of the hardest hit by the virus, withItaly, Spain, France and GermanyMost pean governments introduced lockdown measures to contain the spread of the virus. As a result, their economies were brought to a standstill, with restaurants, shops, movie theaters and other services closed to Show less Read more
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