Top Stories

New coronavirus strain weighs on sentiment

0


LONDON — European shares were higher Tuesday morning, attempting to recover from a brutal sell-off in the previous session, as investors sentiment was shaken by a new coronavirus strain in the U.K.

The pan-European Stoxx 600 traded 1.1% higher, with Germany’s DAX and France’s CAC indexes both rising around 1.3%. Britain’s FTSE 100 bucked the trend to fall around 0.2%. Banking stocks were the top gainers, up 2.2%, with Lloyds climbing over 4% to lead the sector.

European markets came under heavy selling pressure Monday amid concerns over a fast-spreading Covid mutation that was first identified in Britain. The new variant forced the U.K. government to shut down London and other parts of…



Source cnbc.com

Peloton to acquire fitness equipment maker Precor for $420 million

Previous article

My boyfriend’s ex-wife claimed her sons as dependents and got their stimulus, despite losing full custody. What can we do?

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Top Stories