(Reuters) – European shares retreated from eight-month highs on Thursday as surging coronavirus infections raised doubts about a quicker economic rebound and overshadowed several upbeat quarterly earnings reports.
The pan-European STOXX 600 index <.stoxx> was down 0.7% by 0804 GMT, taking some of the shine off gains of more than 13% this month that had set it on course for its best monthly performance ever.
London’s FTSE 100 <.ftse> fell 0.9% as data showed the UK economy grew by a slower than expected 1.1% in September from August, even before the latest restrictions on businesses. [.L]
German engineering group Siemens
(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Bernard Orr)