European stocks close more than 3% as banking allegations and coronavirus markets shake – CNBC

European stocks closed sharply lower on Monday, as allegations about banking transactions and rising coronavirus infections weighed on market sentiment around the world. The pan-European Stoxx 600 temporarily closed more than 3.2%, with banks plunging 5.7% and travel documents falling 5.2% to cause losses as all sectors and major stock markets slipped in negative territory. […]

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