European stocks were lower on Friday, amid thin trading volumes, as investors monitored vaccine news and fresh Chinese data.
The pan-European Euro Stoxx 600 index was 0.2% lower with most sectors and major bourses in the red. Wall Street will reopen on Friday for a half session following the Thanksgiving holiday. Trading volumes are likely to remain low, however.
Stocks in Asia-Pacific traded little changed on Friday as investors reacted to data. China's industrial profits surged 28.2% year-on-year in October, the country's National Bureau of Statistics announced Friday.
Back in Europe, shares of AstraZeneca slipped another 0.9% on Friday with questions over the way AstraZeneca and Oxford University tested their coronavirus vaccine, with the head of the White House's vaccine task force voicing doubts about trial data and the drug's efficacy rate.
Banco Sabadell saw its shares plunge nearly 10% after it called off merger talks with BBVA after failing to reach a deal on financial terms.
More broadly, global stocks have pulled back from their rally earlier this week. The Dow Jones Industrial Average fell on Wednesday, taking a breath after breaking above 30,000 points Tuesday.
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-CNBC's Fred Imbert and Eustance Huang contributed to this market report.
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November 27, 2020 at 01:31PM
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European markets edge lower as investors digest vaccine news and China data; Banco Sabadell down 10% - CNBC
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