European markets opened lower Wednesday as global market sentiment continues to take a pummeling amid the coronavirus outbreak
The pan-European Stoxx 600 fell 2.7% in early trade with travel and leisure stocks dropping 4.2% to lead losses, as all sectors and major bourses slid into negative territory.
Markets are digesting comments from the U.S. on Tuesday after President Donald Trump prepared Americans for a surge in coronavirus cases, saying the U.S. will face a “very, very painful two weeks.”
Source : CNBC