European stocks hit as UK reimposes virus quarantine

New York (AFP) – European stocks slumped on Friday at the end of a largely positive week for global equities, dragged down by fears of a second wave of coronavirus cases and the stalemate in Washington over a new stimulus package for the US economy. London’s benchmark FTSE 100 index finished the day down 1.6 percent after the British government reimposed a quarantine for travellers from France and the Netherlands, prompting Paris to promise a “reciprocal measure.”The Paris CAC 40 index also retreated 1.6 percent and Frankfurt’s DAX 30 shed 0.7 percent.Wall Street stocks had an uneventful day, …

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