Europe closes mostly down on Trump's COVID news

Friday, 02. October 2020 17:32

Major European stock markets dropped at the closing bell on Friday after United States President Donald Trump announced he was tested positive on coronavirus. Meanwhile, European Central Bank (ECB) Vice President Luis de Guindos stated that he expects inflation in the Eurozone to recover from the crisis caused by the coronavirus pandemic "next year."

The DAX traded 0.43% lower at the closing bell. Bayer AG was the worst performer falling by 3.03%. The FTSE 100 grew by 0.17% with Evraz Plc growing by 2.79%. The CAC 40 sank 0.17% as Wordline Wordline went south by 2.99%.

The euro lost 0.24% against the dollar to sell for $1.17185 at 5:27 pm CET. At the same time, the pound sterling gained 0.40% against the greenback to exchange hands for $1.29445, at the same time.

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