Europe: Stock markets dive more than 4% at open

[LONDON] European stocks tanked more than four percent in opening deals Monday, as the coronavirus death toll continued to soar and US lawmakers failed to agree a trillion-dollar emergency package.

In initial deals, London's benchmark FTSE 100 index of major blue-chip companies tumbled 4.8 per cent to 4,943.51 points, Frankfurt's DAX shed 4.6 per cent to 8,521.94 and the Paris CAC 40 sank 4.4 per cent to 3,870.06.

AFP