European stocks close higher, shaking off U.S. stimulus, virus concerns
European stocks closed higher on Friday as investors looked past spiraling coronavirus cases and a U.S. Treasury decision to spike pandemic relief programs.
The pan-European Stoxx 600 provisionally closed up by almost 0.5%, with oil and gas stocks climbing 1.5% to lead gains as almost all sectors and major bourses entered positive territory.
Back in Europe, direct Brexit talks have been suspended after a member of the EU team tested positive for Covid-19 on Thursday, but chief negotiators and their respective teams have continued discussions remotely in the hope of thrashing out a deal within the next 10 days.
Reference: CNBC
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