European stocks are poised to open sharply lower Monday as investors focus on the continuing spread of the coronavirus and watch as Italy grapples with the largest coronavirus outbreak outside of Asia.
London's FTSE index is expected to open 92 points lower at 7,304, the German DAX 257 points lower at 13,309 and the French CAC 107 points lower at 5,917, according to IG. Italy's FTSE MIB index was set to open 904 points lower at 23,835. European stocks are poised to open sharply lower Monday as investors focus on the continuing spread of the coronavirus and watch as Italy grapples with the largest coronavirus outbreak outside of Asia.