Europe: Stocks struggle as virus worries weigh on fragile recovery

[BENGALURU] European stocks struggled for momentum in early deals on Friday, with a resurgence in coronavirus cases across the continent raising concerns about its impact on a nascent economic recovery.

The pan-European Stoxx 600 index slipped 0.1 per cent by 7.08am GMT, with travel and leisure stocks leading the losses with a 1 per cent decline. Market sentiment remained shaky as France registered a record 10,593 new confirmed coronavirus on Thursday, the highest single-day count since the pandemic began, while the United Kingdom also saw a surge in cases.Spain's state-owned Bankia slipped 2 per cent after Caixabank valued it at 4.3 billion euros as part of a deal that will create Spain's biggest domestic bank.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Europe: Retail rally helps stocks rise[BENGALURU] Retail stocks surged after strong results from Zara-owner Inditex on Wednesday, but it was a mixed session for the wider European market, with Britain's exporter-heavy FTSE 100 hit by a stronger pound. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Europe: Sliding banks put an end to stocks' winning streak[BENGALURU] European shares broke a four-day winning run on Thursday, with banks reeling from the prospect of near-zero interest rates for a prolonged period, while a technology stock sell-off continued on Wall Street, piling pressure on European tech shares. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »