European equities weaken in the face of Covid-19 concerns

(RTTNews) – European stocks fell from their eight-month highs on Tuesday, as optimism about Moderna’s Covid-19 experimental vaccine was made up for with considerations of stricter restrictions on coronaviruses across the continent.

Sweden will limit the duration of public meetings after an increase in new coronavirus cases.

A British medical adviser said the three-tier formula wants to be “strengthened” for the country to spend “winter. “

Persistent uncertainty about a tax stimulus package imaginable in the United States has also worried investors, with global Covid-19 cases exceeding $55 million.

The six hundred pan-European Stoxx fell by 0. 2% to 389. 08 after 1. 2% in the last consultation at its highest point since 27 February thanks to positive advances in the Covid-19 vaccine.

Germany’s DAX listed flat, France’s CAC 40 index fell by 0. 1% and the UK’s FTSE 100 fell by 0. 6%.

The pound rose after pronouncing that Britain could reach a post-Brexit industrial agreement with the European Union earlier next week.

Britain’s negotiating leader, David Frost, has supposedly known a imaginable landing zone between the EU and Britain over the next seven days, The Sun reported.

Imperial Brands rose 4% after the tobacco company forecasts a return to profit expansion this fiscal year.

Train manufacturer Alstom fell by 0. 7% a day after launching a 2 billion euro rights factor to finance its acquisition of Bombardier Transportation.

BBVA plummeted by 5%, while its small rival Banco de Sabadell rose by almost 4% upon learning that the two Spanish banks were in talks about a merger.

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