(Bloomberg) --
European stocks tumbled again on Friday, reversing what was left of this week's rebound and hitting a new 2020 low, as more companies warned about the impact of the coronavirus on their revenue outlook.
The Stoxx Europe 600 Index was down 3.1% at 09:56 a.m. in London, hitting a level not since since mid-August 2019, with the travel & leisure sector index sinking 4.2%. The Stoxx 600 is down 15% since a record high hit on Feb. 19.
READ: Cases Globally Near 100,000; U.S. Outbreak Widens: Virus Update
To contact the reporter on this story: Blaise Robinson in Paris at brobinson58@bloomberg.net
To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net, Phil Serafino
©2020 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
