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European Stocks Return to Losses

M. Ali 17 November, 2020 8:30 pm Global Stock Market, Market Update

European stocks closed lower on Tuesday, returning to losses despite positive news about a Coronavirus vaccine being developed by Moderna.

The STOXX Europe 600 index finished lower by 0.2%, while the UK’s FTSE100 plunged by 0.87%.

Meanwhile, the French index CAC40 added 0.21%, and the German index closed marginally lower by 0.04%.

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