2020-08-19 12:25:00
STOXX 600 DOWN
REUTERS- AUGUST 19, 2020 - European stocks slipped on Wednesday, failing to draw strength from a record run for Wall Street’s S&P 500, as investors feared a resurgence in coronavirus cases could dent a nascent economic recovery in the continent.
The pan-European STOXX 600 index was down 0.1% by 0715 GMT, with utilities, mining and oil and gas leading losses.
BP, Total and Royal Dutch Shell were down between 0.4% and 1% as crude prices slid on concerns about U.S. fuel demand.
Trillions in dollars of stimulus and a rally in technology stocks helped the S&P 500 confirm a bull market on Tuesday, but doubts over the strength of a global recovery from the health crisis limited gains across other markets.
Several countries in Europe imposed fresh travel curbs due to a pick-up in coronavirus cases.
German utility group RWE fell 5.2% as it launched a share issue to finance its purchase of wind turbine maker Nordex’s project development pipeline.
Shipping group Maersk jumped 5.6% as it reinstated full-year earnings guidance above its previous forecast.
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Earlier:
2020, August, 11, 14:00:00
GLOBAL SHARES UP
A pan-European share index rose almost 1% , with auto shares leading the way after a surge in Chinese car sales and futures tipped a stronger Wall Street ESc1 open.
2020, August, 5, 12:00:00
CHINA'S SHARES UP
The Shanghai Composite index closed up 0.2% at 3,377.56.
2020, August, 4, 14:25:00
ASIA'S STOCKS UP
MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.05%
2020, July, 28, 11:25:00
CHINA'S STOCKS UP
China's Shanghai Composite index was up 0.7% at 3,227.96.
