European stocks slide again as pandemic fears mount

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European stocks tumble as a jump in coronavirus cases outside of China deepened fears of a looming pandemic

- European shares fell again on Thursday, with travel stocks bearing the brunt, as a jump in coronavirus cases outside of China deepened fears of a looming pandemic that could dent global growth.

Anheuser-Busch InBev plunged 8% after the world’s largest beer maker forecast muted growth in 2020 due in part to the outbreak. “We continue to avoid deep cyclicals and companies with high debt, focusing on quality and sustainability of earnings,” he added.

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