January 21, 2021
Business News

European stocks lose ground on U.S.-China tensions – MarketWatch

European stocks on Thursday took a step back, as the worlds two largest economies continue to clash, and ahead of the latest decision from the European Central Bank.Losses also were seen for the German DAX
DAX,
-0.66%
,
French CAC 40
PX1,
-0.82%
and U.K. FTSE 100
UKX,
-0.54%
.
China, where the coronavirus outbreak originated, reported a 3.2% rise in gross domestic product in the second quarter, though it also reported a surprise decline in retail sales for June.
Meanwhile, …

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