European shares rebound after shaky start; caution reigns before U.S. elections

European stocks recovered from early losses, following a bearish Asian session where investors adjusted their risk exposure before the U.S. elections two weeks away. Record COVID-19 cases in Europe also weighed on sentiment.

By 0825 GMT, MSCI’s main European Index was up 0.4 percent.

MSER and Europe’s STOXX 600 .STOXX was up 0.2, after initially falling as fears about the economic impact of lockdown restrictions outweighed some strong earnings.

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