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European Stocks Open Lower on Coronavirus Fears and Trump's Trade Threat


Thursday, 23 January 2020 15:23 WIB

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European markets opened lower Thursday amid increasing concerns over the spread of the China coronavirus and worries that the EU is the next target on President Donald Trump’s trade list.

The pan-European Stoxx 600 fell 0.3% in early trade, with basic resources dropping 1.1% to lead losses as almost all sector and major bourses entered negative territory.

The coronavirus remains at the forefront of investor concerns as the death toll from the disease continues to rise; 17 people have now died from the virus and there have been nearly 600 confirmed cases of the infection.

Source : Reuters


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