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European Stocks Erase Earlier Gains to Close in Red

M. Ali 19 October, 2020 8:46 pm Global Stock Market, Market Update

European stocks gave up earlier gains and closed Monday lower, amid uncertainty surrounding Brexit talks between the United Kingdom (UK) and the European Union (EU).

The STOXX Europe 600 index closed lower by 0.3%, after rising earlier today by 0.8%.

Meanwhile, the UK’s FTSE100 fell by 0.59%.

Similarly, the French CAC40 and the German DAX indices declined by 0.13% and 0.42%, respectively.

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