Among individual stocks, ailing German conglomerate Thyssenkrupp fell 3.4 per cent after it said it would need to cut a further 5,000 jobs to ease the impact of the coronavirus crisis on its businesses. ― Reuters pic
Miners, travel, oil and gas and banking sectors that have rallied strongly in November on positive Covid-19 vaccine data, shed almost 2 per cent.US stocks also slipped from all-time highs as New York City's public schools called a halt to in-classroom instruction in the latest major restriction to curb the spread of the virus.
European Central Bank President Christine Lagarde called on EU leaders to end a potentially damaging budget impasse and repeated a promise to keep monetary policy super easy.
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