Shashank Nayar, Sruthi Shankar
Shashank Nayar, Sruthi Shankar
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European stocks ends higher on vaccine cheer, M&A support

European stocks ends higher on vaccine cheer, M&A support

By , (Reuters) - European stock markets were steady on Wednesday as a couple of takeover deals in the region helped offset worries about fresh lockdown measures to battle a surge in coronavirus cases.The pan-European STOXX 600 traded flat after opening slightly lower, helped by gains in retail and technology sectors.The benchmark index reclaimed late-February highs on Monday after encouraging COVID-19 vaccine updates from drugmaker Moderna and Pfizer last week.“A lot of good news has happened. Markets are looking for the next bit of good news, and it may be a little difficult at this time,”...

November 18, 2020
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