Europe: Stocks end off session lows ahead of EU summit

The pan-European Stoxx 600 closed down 0.7 per cent after falling as much as 1 per cent during the session. Germany's DAX and France's CAC 40 both cut session losses to end about 0.4 per cent lower.

Meanwhile, as the number of Covid-19 cases continued to rise in the United States, worries over the economic damage from another round of containment measures persisted. European luxury goods group Richemont fell 4.6 per cent as its quarterly sales almost halved, and it gave no details on current trading or the outlook.

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