April 30, 2021

European shares slip on Brexit, virus worries



European shares dipped on Tuesday, as a post-Brexit commerce deal hung within the steadiness, whereas rising coronavirus instances spurred talks of stricter restrictions that would trigger extra financial ache.

The pan-European STOXX 600 index slipped 0.1%, whereas London‘s FTSE 100, which has been outperforming regional friends in latest classes, fell 0.4% to steer declines.

After British and EU leaders did not slender variations on Monday, they’re set to satisfy face-to-face in final ditch makes an attempt to seal a deal to manipulate round $1 trillion in annual commerce earlier than Britain exits from the bloc on the finish of the month.

In the meantime, as COVID-19 instances continued to rise in Germany, Well being Minister Jens Spahn mentioned the federal government would possibly tighten restrictions to manage the unfold.

A media report mentioned the measures can be mentioned this week. Germany had carried out a partial lockdown in November.

The German DAX was down 0.1%.