European stocks close 2.1% lower as stimulus hopes fade and coronavirus surges
European stocks closed sharply lower on Thursday as hopes that a U.S. stimulus package would be agreed before the November election waned, and as public health restrictions returned across Europe due to a surge in coronavirus infections.
The pan-European Stoxx 600 closed provisionally down by 2.1%, with oil and gas shares plunging 3.1% to lead losses. All sectors and major bourses slid into negative territory.
Reference: CNBC
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