European stocks set for fourth weekly gain but vaccine worries weigh

📆 27/11/2020 7:40 a. m.
📰 Reuters

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European shares edged lower on Friday as investors exercised caution ahead of a barrage of economic data due later in the day, while doubts about the effectiveness of AstraZeneca's COVID-19 vaccine also hit sentiment.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 25, 2020. REUTERS/Staff

The pan-European STOXX 600 dipped 0.1%, with travel and energy sectors among the biggest decliners in early trading. The benchmark index was, however, on course for a fourth consecutive weekly gain. AstraZeneca’s chief executive said the company is likely to run an additional global trial to assess the efficacy of the vaccine using a lower dose.

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