European stocks close lower on record U.S. GDP plunge; earnings in focus
31 Jul 2020 | SET News
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European stocks close lower on record U.S. GDP plunge; earnings in focus
European markets closed sharply lower Thursday after investors digested a record drop in U.S. gross domestic product and a slew of major corporate earnings.
The pan-European Stoxx 600 closed down by over 2% provisionally, with banks shedding more than 4% as most sectors and all major bourses traded in negative territory.