(Yicai Global) Sept. 22 -- China’s benchmark stock indexes all ended the day lower today as the markets were dragged down by sharp dives in the European and US markets on Covid-19 fears.

The Shanghai Composite Index ended the day down 1.29 percent at 3,274.3, while the Shenzhen Component Index dipped 0.96 percent to 13,023.43. The ChiNext, which tracks growth enterprises listed in Shenzhen, slid marginally by 0.53 percent to 2,555.54.

European and US stock markets fell sharply last night as fears of a continued economic meltdown due to the Covid-19 pandemic grew. Germany’s Dax Index tanked 4.45 percent, the UK’s FTSE 100 fell 3.39 percent and France’s CAC40 Index dropped 3.74 percent.

In New York, the Dow Jones Industrial Average Index finished down 1.8 percent, the Nasdaq Composite Index dipped 0.1 percent and the S&P 500 Index fell 1.2 percent.

Editor: Kim Taylor