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European Stock Futures Sharply Lower; New Virus Strain Raises Lockdown Fears

European stock markets are expected to open sharply lower Friday on concerns a new Covid variant will prompt fresh mobility restrictions, hindering the region’s economic recovery.   At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 2.3% lower, CAC 40 futures in France dropped 2.6% and the FTSE 100 futures contract in the U.K. fell 2.3%. Virus cases have soared in Europe in the last month, with a number of countries introducing stricter Covid measures. But a degr


MongiIG in Market News

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