Home / Market Update / Global Stock Market / European Stocks Close Lower

European Stocks Close Lower

European stocks closed lower on Tuesday amid increasing concerns for the rising number of COVID-19 cases in many countries across the continent.

The STOXX Europe 600 index closed lower by 0.46%, while the UK’s FTSE100 index fell by 0.51%.

Meanwhile, the German DAX index declined by 0.35% and the French index CAC40 finished lower by 0.23%.

Check Also

May Inflation Cools, Raising Hopes for Fed Rate Cuts

U.S. inflation eased in May, matching economists’ expectations and potentially bolstering the case for the …