European markets close slightly lower as coronavirus concerns weigh on sentiment
European stocks closed slightly lower on Wednesday as coronavirus concerns weighed on global markets.
The pan-European Stoxx 600 closed down by around 0.1%, pulling back from earlier gains, with health stocks shaving off 0.6% while utilities rose over 0.8%.
The pandemic remains the key concern for investors with discouraging news that a pair of coronavirus drug trials have been paused in the U.S. over safety concerns.
Reference: CNBC
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