European stocks edged higher on Thursday, showing the nervousness around coronavirus and trade tensions lingered after the heavy selling from the previous day.Pharmaceuticals, including Roche ROG, +0.21% and AstraZeneca AZN, +0.83%, rose.
“It seems that the ‘second wave’ has arrived even before the first wave subsided. The U.S. and, increasingly, Brazil, are the main hot spots, but the number of new cases is rising elsewhere in the world as well,” said Marshall Gittler, head of investment research at BDSwiss Group.
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