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4/29, 5:31 PM (Source: TeleTrader)
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Europe closes lower as France reveals reopening date

Major European stock markets ended Thursday's session mostly lower with news surrounding the economy as well as the coronavirus pandemic marking the day so far.

While French President Emmanuel Macron announced new details of the government's plan to lift restriction measures, Health Minister Jens Spahn noted the outbreak in Germany has slowed down. Several data reports came out during the session including the EU's consumer confidence, and the German unemployment rate and consumer inflation.

The DAX plunged 0.90% or 137 points at the closing bell, with Volkswagen losing 3.13%. The CAC 40 lost 0.07%, as Renault tumbled 4.19%. The FTSE 100 stood flat. The euro fell 0.10% against the dollar to 1.21151, while the pound gained 0.095 to $1.39506 at 5:33 pm CET.

Breaking the News / ND