European shares retreat as coronavirus fears intensify
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(Reuters) - European stock markets headed lower on Monday, as fears about the economic hit from the coronavirus pandemic intensified with several nations extending near-total lockdowns.The pan-European STOXX 600 index was down 0.9%, with autos , financials and insurers shedding between 1.2% and 2.3%.The banking index slumped another 2.7%, bringing its total losses for the month to nearly 30%, as lenders complied with the European Central Bank's call to freeze dividends in a bid to shore up..