European shares weaken after Wall Street rally as growth worries persist

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The pan-European STOXX 600 index (STOXX) was down 0.1% by 0715 GMT, with utilities (SX6P), mining (SXPP) and oil and gas (SXEP) leading losses.

BP (L:BP), Total (PE:TOTF) and Royal Dutch Shell (L:RDSa) were down between 0.4% and 1% as crude prices slid on concerns about U.S. fuel demand. [O/R]

Trillions in dollars of stimulus and a rally in technology stocks helped the S&P 500 confirm a bull market on Tuesday, but doubts over the strength of a global recovery from the health crisis limited gains across other markets. [GLOB/MKTS]

Several countries in Europe imposed fresh travel curbs due to a pick-up in coronavirus cases.

German utility group RWE (DE:RWEG) fell 5.2% as it launched a share issue to finance its purchase of wind turbine maker Nordex ‘s (DE:NDXG) project development pipeline.

Shipping group Maersk (CO:MAERSKb) jumped 5.6% as it reinstated full-year earnings guidance above its previous forecast.

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