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European Markets Close Lower as Coronavirus Spike Weighs on Sentiment


Tuesday, 14 July 2020 23:15 WIB

EropaSaham EropaStoxx Europe 600


European stocks closed lower on Tuesday as a spike in coronavirus cases started to weigh on global market sentiment.

The pan-European Stoxx 600 closed down by 1% provisionally at 367.40, with tech stocks shedding almost 2.8% to lead losses as most sectors and major bourses slipped into negative territory.

Virus cases have spiked in a number of countries around the world. On Monday, World Health Organization Director-General Tedros Adhanom Ghebreyesus warned that "too many countries are headed in the wrong direction."

Source : CNBC


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