European Stocks Close Lower

European stocks closed lower on Tuesday, following the beginning of the earning reports season in Wall Street, and amid uncertainty surrounding the second wave of the Coronavirus (COVID-19) pandemic.

The STOXX Europe 600 index closed lower by 0.7%, while the UK’s FTSE100 maintained losses and declined by 0.53%.

Meanwhile, the French index CAC40 fell by 0.64%, while the German DAX finished on a 0.91% decrease.