Brexit, virus worries weigh on European shares; Sanofi down on vaccine delay

  • 12/11/2020
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(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Dec 11 (Reuters) - European shares slipped on Friday, setting up to end an action-packed week on a cautious note on worries over the economic impact of a resurgent COVID-19 pandemic, the fate of a Brexit trade deal and the stalled U.S. stimulus measures. The pan-European STOXX 600 index slipped 0.2%, extending losses after a dour 2021 economic forecast from the European Central Bank had seen it end in the red on Thursday. The index is set to break a five-week winning streak as a stalemate in talks between the European Union and Britain raised the chances of Britain’s exit from the economic bloc without a trade deal. Shares of drugmaker Sanofi fell 2.1% after it said its COVID-19 vaccine candidate developed with GlaxoSmithKline showed an insufficient immune response in clinical trials. GSK shares were down 0.1%. (Reporting by Susan Mathew in Bengaluru; Editing by Arun Koyyur)

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