12/14/2021, 5:31 PM (Source: TeleTrader)
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Europe closes lower on virus worries

Major European stock markets closed in the red on Tuesday after the United Kingdom reported the highest number of new daily coronavirus infections since January 9 and the country's Health Secretary Sajid Javid's statement that the requirement of receiving two vaccine doses to be considered fully vaccinated is "under review." In business news, a UK market regulator said that it is concerned that the Apple-Google duopoly is "leading to less competition and meaningful choice for customers."

The DAX decreased by 1.08% at the close as Daimler dropped 3.42%. London's FTSE 100 was 0.18% down at the end of the trading session with its worst performer, Rentokil Initial, falling 13.20%. In Paris, the CAC 40 closed 0.69% lower, pulled down by Eurofins Scientific's 5.16% loss.

The euro was 0.13% lower against the dollar, selling for 1.12694 at 5:33 pm CET, while the pound lost 0.21% compared to the greenback, buying 1.32366 concurrently.

Baha Breaking News (BBN) / MS