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The pan-European STOXX 600 (STOXX) fell 0.7% by 0810 GMT, with growth-sensitive oil and gas (SXEP), banking (SX7P) and mining (SXPP) sectors leading early losses.
Encouraging news on COVID-19 vaccine had pushed the STOXX 600 to levels hit in February earlier this week and U.S. markets to record levels.
The U.S. death toll from COVID-19 approached 250,000 on Wednesday as New York City’s public schools called a halt to in-classroom instruction in the latest major restriction to curb the spread of the virus.
Ailing conglomerate Thyssenkrupp (DE:TKAG) fell 3.8% after it said it would need to cut a further 5,000 jobs to ease the impact of the coronavirus crisis on its businesses.
Norwegian Air (OL:NORR) slumped 15.7% after it asked an Irish court to oversee a restructuring of its massive debt as it seeks to stave off collapse.
