European stocks closed overnight, pressured by uncertainty over the UK-EU trade deal, as well as uncertainty over the issuance of economic stimulus measures. US
The Stoxx Europe 600 index was down 0.35% at 395.90 points.
The German stock market DAX closed at 13,630.51 points, down 36.74 points or -0.27%.
The CAC-40 index closed at 5,527.84 points, down 21.62 or -0.39%, and
The FTSE 100 index, the London Stock Exchange, closed at 6,529.18 points, down 21.88 points, or -0.33%.
European stock markets also fell on profit-taking pressure. After four consecutive days of positive market and after the market was boosted by the release of the Germany business confidence index that surged more than expected in December.
Ifo, a German economic research institute said. The German business confidence index rose to 92.1 in December from 90.9 in November.
The market was under pressure after the UK and the EU said they were still at odds on issues. And is likely to be unable to reach a trade agreement before the deadline on Dec. 31.
In addition, the market was stalled. After the US Congress is unlikely to reach an agreement to mitigate the slotxo economic effects of COVID-19. And may instead approve a temporary budget to allow the US government to continue operating without shutdowns after midnight on Friday, when the current temporary budget expires.
Travel and leisure shares fell on Friday, with British Airways-owned IAG shares falling 2.1 percent after media reports that IAG had agreed to buy Air. Spain's Europa is 500 million euros ($ 612.55).
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