Europe Stocks End Little Changed as Aid Hope Tempers Virus Woes
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European equities closed broadly flat as positive earnings reports and optimism about U.S. stimulus offset concerns about rising virus cases.
The Stoxx Europe 600 Index fell just 0.1% after erasing a drop of as much as 1.2%. Shares pared some losses in the final hour after U.S. House Speaker Nancy Pelosi said a stimulus deal is close. Travel, auto and banking stocks outperformed, while tech shares lagged. Schneider Electric SE gained after boosting its 2020 sales outlook, while Neste Oyj advanced on a profit beat.