UPDATE 2-European stocks end four weeks of gains on lockdown, vaccine worries [Reuters]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Reuters
By Amal S , Sruthi Shankar 3 Min Read (Reuters) - European stocks were set to end a four-week winning streak on Friday with small losses, as the prospect of tighter lockdowns in Germany and France as well as new COVID-19 restrictions in China cut into optimism about a global economic recovery. German Chancellor Angela Merkel wants “very fast action” after the country saw a record number of deaths from the coronavirus, according to top officials from her party. The French government said it would strengthen its border controls from Monday and impose an earlier curfew from Saturday to curb the spread. The pan-European STOXX 600 index fell 0.4%. The German DAX was down 0.4% and France’s CAC 40 fell 0.6%. UK’s FTSE 100 declined 0.4% despite data showing that Britain’s economy recorded a smaller-than-expected contraction in November. Mining and oil & gas sectors fell the most after China authorities put more than 28 million people under new lockdowns, raising concerns about demand from th
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