European stocks post first monthly drop since March amid fears of a second coronavirus wave – CNBC
European equities closed out the month in negative territory on Friday, as investors digested corporate earnings and economic data.
The pan-European Stoxx 600 closed down by nearly 0.9%, registering its first month-to-date drop in four months. Airlines and travel-related stocks were some of the worst impacted components of the blue-chip index, with easyJet falling 22% and British Airlines…
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