On Friday European stock markets traded in negative territory as a reemergence of Covid-19 cases in China pulled back the positive sentiment generated by U.S. President-elect Joe Biden’s $1.9 trillion stimulus plan. The pan-European Stoxx 600 fell 0.3% in early deals, with oil and gas stocks shedding 0.8% to lead losses as all sectors and major bourses slid into negative territory.
Read moreEuropean Stock Markets Retreat As Recovery Concerns Offset U.S. Stimulus Hopes