European Markets Closing Report: European stocks close 2.1% lower as stimulus hopes fade and coronavirus surges
Holly Ellyatt 3 minutes - Source: CNBC LONDON — European stocks closed sharply lower on Thursday as hopes that a U.S. stimulus package would be agreed before the November election waned, and as public health restrictions returned across Europe due to a surge in coronavirus infections. TICKER COMPANY NAME PRICE CHANGE %CHANGE VOLUME .FTSE FTSE 100 FTSE 5841.77 -93.29 -1.57 451318815 .GDAXI DAX DAX 12719.55 -308.51 -2.37 55390513 .FCHI CAC 40 Index CAC 4843.87 -97.79 -1.98 72963472 The pan-European Stoxx 600 closed provisionally down by 2.1%, with oil and gas shares plunging 3.1% to lead losses. All sectors and major bourses slid into negative territory. Global equity markets are under pressure as traders continue to weigh the prospects for a coronavirus aid deal being reached before the Nov. 3 election. Stocks in Asia-Pacific were mostly lower by the close Thursday, while U.S. markets also slipped due to the uncertain stimu