London, European stocks posted their worst fall in three months on Monday as fears of a second wave of COVID-19 infections hit travel and leisure shares, while banks tumbled on a report about $2 trillion worth of suspect transfers by leading lenders, according to Reuters.
London’s FTSE 100 was the worst-hit blue chip index in Europe, falling about 3.4% in its worst day in more than three months.
The pan-European STOXX 600 was down 3.2%, a fall not matched since early June.
On Wall Street, the banking sector fell 4.2% amid a broader market selloff.
Source: Saudi Press Agency