European markets close lower as investors digest virus and earnings news
28 Oct 2020 | SET News
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European markets close lower as investors digest virus and earnings news
European stocks closed lower Tuesday as investors continued to monitor the rapid spread of the coronavirus across the continent and digested a fresh round of major corporate earnings.
The pan-European Stoxx 600 closed 0.8% provisionally, with oil and gas stocks shedding more than 2% to lead losses. Tech shares struggled to come back from their 7.4% plunge on Monday, down around 0.2% by Tuesday’s close.