European stocks fell back on Tuesday when a surge in coronavirus cases began to weigh on global market sentiment. The pan-European Stoxx 600 fell 1.1% in the early afternoon, with tech stocks losing 3.1% to lead losses, while telecommunications resisted the trend of adding 1.2%. European markets follow their global …
Read More »Hope for vaccines and US data on the agenda
European shares traded higher on Thursday when world markets received a boost from news about the development of a possible coronavirus vaccine. The pan-European Stoxx 600 rose 1.3% mid-morning, with banks up 4% to lead gains as all sectors and major markets entered positive territory. European stocks are tracking global …
Read More »European markets watch as the number of deaths from coronavirus increases
European stocks opened in negative territory on Monday as investors digest the growing number of deaths from coronavirus. The pan-European Stoxx 600 was down 0.3% at the start of trading, with core resources and oil and gas stocks losing 0.7% to lead losses as most sectors and major markets opened …
Read More »European markets react to increase in coronavirus cases
European stocks opened lower on Wednesday due to an increase in US coronavirus cases. USA And beyond that, and regional outbreaks in Germany scared investors. The pan-European Stoxx 600 fell 1.5% during initial trade, with all sectors and major exchanges in negative territory. Car stocks, which were 2.3% lower, led …
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