European Daily Market Review 12.2.20

European markets advanced with shares in Germany leading the region.

The German DAX added 0.82% while France’s CAC-40 gained 0.44% and London’s FTSE-100 surged 0.42%.

European stocks were boosted amid reports of fewer coronavirus infections in China and upbeat earnings from companies such as Heineken Holding and Kering.

The Stoxx Europe 600 index also soared rose 0.4% to 430.17, after closing on Tuesday up 0.9% to 428.48, which marked a record close.

Google (GOOGL.O) will fight against the first of three hefty European Union antitrust fines at Europe’s second-highest court.

The hi-tech giant will oppose a 2.4-billion-euro ($2.6 billion) fine handed out by the European Commission.

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