{"id":31768,"date":"2020-07-22T20:29:11","date_gmt":"2020-07-22T16:29:11","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31768"},"modified":"2020-07-22T20:29:13","modified_gmt":"2020-07-22T16:29:13","slug":"european-stocks-close-lower-on-covid-19-worries","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-close-lower-on-covid-19-worries\/07\/22\/market-updates\/","title":{"rendered":"European Stocks Close Lower on COVID-19 Worries"},"content":{"rendered":"\n<p>European stocks declined on Wednesday, with the positive impact from the European Union\u2019s recovery deal appearing to fade out in the face of the rising number of COVID-19 cases, despite the US signing a huge deal for obtaining a newly-developed vaccine.<\/p>\n\n\n\n<p>The pan-European Stoxx 600 index settled lower by 0.89%, while FTSE100 declined by 1%.<\/p>\n\n\n\n<p>DAX closed down by 0.51%, while CAC40 fell by 1.32%.<\/p>\n\n\n\n<p>COVID-19 cases worldwide reached 15 million, with 8.47 million recoveries and 617 deaths.<\/p>\n\n\n\n<p>In the US, cases exceeded 3.9 million, while death cases are at 144,000, while recoveries have reached 1.16 million.<\/p>\n\n\n\n<p>On Tuesday, the Vice President of the European Central Bank (ECB), Luis de Guindos, warned that a <a href=\"https:\/\/noortrends.ae\/en\/ecb-covid-19-wave-in-us-to-impact-eurozone\/07\/21\/market-updates\/\">second wave of the coronavirus disease (COVID-19)<\/a> in countries such as the United States could negatively impact European economic growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stocks declined on Wednesday, with the positive impact from the European Union\u2019s recovery deal appearing to fade out in the face of the rising number of COVID-19 cases, despite the US signing a huge deal for obtaining a newly-developed vaccine. The pan-European Stoxx 600 index settled lower by 0.89%, while FTSE100 declined by 1%. &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-31768","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31768"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31768\/revisions"}],"predecessor-version":[{"id":31769,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31768\/revisions\/31769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31146"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}