European stocks head for flat open as U.S. stimulus, virus worries weigh

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European stocks are heading for a lackluster open on Friday as spiraling coronavirus cases and a U.S. decision to spike pandemic relief programs weigh on sentiment.

were mixed overnight as concern over the global resurgence of the coronavirus pandemic and fears of associated economic shutdowns kept investors wary.

Global markets had been receiving a boost up until Wednesday after Pfizer and Moderna announced successful coronavirus vaccine trials, with the pan-European Stoxx 600 notching an 8-month high and Wall Street surging to records. However, the rally has petered out as widespread spikes in virus cases, particularly in the U.S. and Europe, cause policymakers to consider fresh lockdown measures.

Back in Europe, direct Brexit talks have been suspended after a member of the EU team tested positive for Covid-19 on Thursday, but chief negotiators and their respective teams have continued discussions remotely in the hope of thrashing out a deal within the next 10 days. On the data front, flash consumer confidence readings out of the euro zone are due at 3 p.m. London time.

 

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Witnessing history to spread the truth, the leftist media has the last chance to realize: return to conscience, restore credibility, support integrity and oppose cheating

Sad scenes next door from my home in bengaluru. CC customer unable to pay and seems to have left home and hiding. Collection agents screaming at hapless old parents. Banks reporting 'record profits' = paper profit. Scary times ahead. NiftyBank Nifty icici hdfc Lockdown2

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