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12/31/2020, 9:01 AM (Source: TeleTrader)
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Europe opens lower amid coronavirus worries

Major European stock markets opened lower on Thursday after France, Germany, and the United Kingdom all saw significant, in some cases record rises in infections and deaths from coronavirus registered daily. Fatalities from the effects of the virus recorded in the 24-hours period also hit a new global record. Meanwhile, the deal between Britain and the European Union over their post-Brexit trade relations became law, but discussions over its terms and conditions remained.

The FTSE 100 sank 1.29% at the opening as Informa PLC decreased by 2.55%. The CAC 40 went down by 0.54%, with Airbus SE declining by 1.40%. The DAX remained closed for New Year's holidays.

The euro stood flat against the dollar, selling for $1.22958 at 8:57 am CET. A minute later, the pound sterling advanced by 0.24% against the greenback to change hands for $1.36502.

Breaking the News / JR