Lockdown fears, U.S. stimulus doubts hit European shares

European shares fell for a third straight session on Thursday as concerns about the economic damage from more coronavirus-induced lockdowns and fading hopes for U.S. fiscal stimulus before the presidential election dented demand for equities globally. The pan-European STOXX 600 index was down 1.3% as France imposed curfews and other European nations said they were closing schools and cancelling surgeries to tackle the surge in COVID-19 infections ahead of the winter season. In the UK, ex-dividend trading weighed on the blue-chip FTSE 100, while investors looked for signs of progress in a Brexit trade deal with the two-day European Union summit set to kick off later in the day.