News Formal

Europe: Stocks slide as surge in virus cases hits rebound hopes

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

[BENGALURU] European stocks fell on Friday after gaining ground during the week as a surge in US coronavirus cases made investors less optimistic about prospects for a rebound in the global economy. Read more at The Business Times.

"For this, clearer signs of a recovery in international trade should be visible. The data on this is constructive, but not surprising to the upside."

A final reading of euro zone business activity showed a coronavirus-inflicted plunge eased sharply last month as more businesses reopened and people ventured out. In France, President Emmanuel Macron named Jean Castex, a top civil servant and local mayor who orchestrated the country's coronavirus lockdown exit strategy, as his new prime minister as he acted to win back voters. France's CAC 40 ended down 0.8 per cent, in-line with the broader markets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EMERGING MARKETS-Rupiah stumbles, Indian rupee soars; stocks track weekly gainsREUTERS
Source: TODAYonline - 🏆 1. / 99 Read more »

Tokyo: Stocks close higher on US jobs data[TOKYO] Tokyo stocks closed higher on Friday, extending rallies on Wall Street following a solid rebound in US employment, but investors remained cautious after a fresh surge in coronavirus cases in the Japanese capital. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »