European shares end lower on U.S. virus woes; banks drag

(Reuters) - European stocks closed lower on Friday as losses on Wall Street following a surge in U.S. coronavirus cases added to worries over the pace of the global economic recovery. The pan-European STOXX 600 index fell 0.4% after hovering in positive territory earlier in the session.Banks were the biggest decliners, down 2.2%, while their transatlantic peers took a hit from the U.S. Federal Reserve's move to cap shareholder payouts. Financial markets this week have swung between fears that..