European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone.

The pan-European Stoxx 600 provisionally closed down around 0.9%, with basic resources falling 1.7% to lead losses while travel and leisure shares bucked the downward trend with a 0.1% rise.

European markets failed to capture the overnight momentum from Asia Pacific, where stocks advanced after a survey showed that China’s services sector grew at its fastest pace in over a decade in June, according to Reuters.

Source: CNBC