European markets close lower after new UK quarantine rules; U.S. stimulus stalls
European markets closed lower on Friday as investors monitored concerns over a second wave of coronavirus cases, which caused the U.K. to implement new quarantine measures.
The pan-European Stoxx 600 closed down 1.2%, with travel and leisure stocks dropping more than 2.3% on the back of new travel restrictions as all sectors and major bourses slid into negative territory.
The U.K. has imposed a new 14-day quarantine period on all arrivals from France from Saturday due to the rising rate of coronavirus cases in the country. The Netherlands, Malta and Monaco were also added to the quarantine list, which already featured Spain and Belgium.
Reference: CNBC
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