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European stocks slide after Trump tests positive for Covid-19

Last Updated : 02 October 2020, 10:42 IST
Last Updated : 02 October 2020, 10:42 IST

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European stocks slid on Friday after US President Donald Trump tested positive for Covid-19, hitting equity markets globally.

The pan-European STOXX 600 fell 1.0% by 0704 GMT. The German DAX and France's CAC 40 dropped 1.3%, while UK's FTSE 100 declined 1.0%.

Trump said on Friday that he and his wife Melania had tested positive for Covid-19 and were going into quarantine, with just weeks to go before the November 3 presidential election.

Chemical, mining and oil & gas stocks were the biggest decliners in early trading, down between 1.3% and 1.5%.

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Published 02 October 2020, 10:20 IST

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