European stocks fall near 3-month low on global economic worries

European stocks fell on Thursday, resuming losses after 2 days of gains, to fall once again near the 3-month low hit earlier this week, due to investors' risk aversion amid fears about about the global economy and a second wave of the coronavirus.

Stoxx Europe 600 fell 0.3% as of 11:15 GMT, after it closed higher by 0.4% yesterday, in its second straight daily gain, within recovery attempts from a 3-month low of 355.87 points.

The index opened today's session lower, resuming losses after 2 days of gains, to fall once again near the 3-month low, as most of the major European exchanges and sectors fell today.

The retail sector saw the largest losses in Europe today, dropping by more than 1.5%, as most of its shares fell.

The coronavirus crisis continues to deter investors sentiment, as signs on a second wave of the pandemic increased, which renewed concerns about the global economic recovery.

S&P 500 futures fell 0.4% today, after it closed lower by 2.4% yesterday at Wall Street, posting the fifth daily loss in 6 days as sell-off was renewed.

Back to Europe, the Euro Stoxx 50 index fell 0.4%, Germany's DAX lost 0.5%, France's CAC 40 fell by 0.1%, and In London, the FTSE 100 index fell by 0.6%.