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8/6, 12:54 PM (Source: TeleTrader)
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European stocks sink on virus fears

Major stock market indexes in Europe sank deeper in the red after opening mostly lower on Thursday amid the fears sparked by spikes in virus cases on the continent.

Germany's health minister revealed that lockdowns are a viable option if the daily COVID-19 infections in the country continue to rise, while the United Kingdom reportedly decided to impose quarantine for travelers coming from Belgium. Earlier today, the number of coronavirus infections worldwide surpassed 19 million.

The DAX lost 0.81% at 12:53 pm CET, while the CAC 40 decreased by 1.12%. At the same time, in London, the FTSE 100 plunged 1.90%. The euro went 0.17% down versus the dollar, to sell for $1.18436 at 12:57 pm CET, while the pound concurrently advanced 0.43% against the greenback, changing hands at $1.31708.

Breaking the News / BU