Gold prices cool after hitting over 2-week high on Fed independence fears
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Feb 9 (Reuters) - European shares dipped on Tuesday as a
recent rally powered by hopes of a swifter global economic
recovery and vaccine roll-outs showed signs of cooling, while
shares in French oil major Total rose after its earnings
recovered in the fourth quarter.
Total SE TOTF.PA rose 1.1% after the company said its
earnings recovered in the fourth quarter as oil prices
stabilised, although a hit from writedowns on assets due to the
COVID-19 pandemic plunged it to a $7.2 billion net loss for 2020
as a whole. The STOXX 600 index .STOXX fell 0.2%, after gaining nearly
4% so far this month against the backdrop of steady vaccine
roll-outs globally and expectations that a massive stimulus
package will soon be passed by U.S. lawmakers.
Germany's DAX index .GDAXI was down 0.2% even as data
showed German exports rose in December as robust trade with
China and the United States helped.