European stocks drop at open

Oct 20, 2020: Europe's stock markets dipped Tuesday in opening deals on fading hopes for a pre-election US stimulus and growing concern over a fresh surge in coronavirus infections in major economies.

In initial trade, London's benchmark FTSE 100 index of leading blue-chip companies was down 0.3 percent to 5,866.36 points.

In the eurozone, Frankfurt's DAX 30 was down 0.5 percent to 12,787.94 points and the Paris CAC 40 shed 0.2 percent to 4,917.98.

AFP/APP

Posted on: 2020-10-20T12:55:00+05:00

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