European stocks hit by losses in defensives; chipmakers rise

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European stocks hit by fears of new virus wave

The pan-European STOXX 600 , which had closed at a near two-week high in the previous session, slid 0.5%, with food and beverage .SX3P, telecoms .SXKP, and healthcare stocks .SXDP falling between 0.7% and 0.8%.

Many U.S. states have reported record daily increases in COVID-19 infections in recent weeks. A media report that European Union countries are prepared to bar entry to Americans also raised worries of further restrictions that could derail an economic recovery. The top decliner on STOXX 600 was Sweden’s Evolution Gaming Group AB , which fell 7.4% after it offered to buy NetEnt AB for 19.6 billion Swedish crowns . NetEnt’s shares jumped 30%.

German real estate company Leg Immobilien fell 3.2% after plans to launch a capital increase through stock and debt offering.

 

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Republican and Democratic Leaders Surely there is someone brave enough to stand up For The American People and say to trump and biden your time has gone.C19 will be here for years and at your age (76%deaths 75 +)It’s Time to do the right thing for the country and step downKidsUS!

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