European Stocks Maintain Downward Trend

European stock markets closed lower on Tuesday, due to the surge in the number of COVID-19 cases amid a second wave of the pandemic.

The STOXX Europe 600 index fell by 0.75%, while the UK’s FTSE100 finished lower by 0.85%.

Germany’s DAX plummeted by 0.78%, while the French CAC40 index declined by 1.44%.