UPDATE 2-European shares fall on China virus fears, German morale offers soft landing [Reuters]
LONZA GROUP AG UNSP/ADR (LZAGY)
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Source: Reuters
UPDATE 2-European shares fall on China virus fears, German morale offers soft landing * Airline stocks drop amid concerns over travel disruptions * China-focused luxury, mining stocks fall * Lonza Group top gainer on STOXX 600 (Updates to close) By Ambar Warrick and Susan Mathew Jan 21 (Reuters) - European shares dipped on Tuesday amid concerns over a new coronavirus outbreak originating in China, although positive news on business morale and easing cross-Atlantic trade tensions saw markets ending off session lows. The increased threat of infection, as millions travel for the Lunar New Year holidays, reminded investors of the economic fallout from the SARS crisis in 2003 that killed nearly 800 people, and led to a recession in Hong Kong. The pan-European STOXX 600 dropped 0.1%, having fallen up to 1 percent earlier in the session before positive German business sentiment data and trade dialogue between the U.S. and French leaders helped ease some of the losses. “The reaction in market
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