Dow drops more than 400 points as stimulus uncertainty grows and coronavirus cases rise; European close lower as coronavirus, Brexit concerns offset U.S. stimulus hopes; BELEX15 down 0.32%; Gazprom Energoholding considering construction of thermal power plants powered by gas and RES 
Stocks fell to start the new week on Monday as hope for a potential deal on new U.S. coronavirus stimulus soured ahead of a key deadline while Covid-19 cases are rising. The Dow Jones Industrial Average traded 410 points lower, or 1.4%. Earlier in the day, the 30-stock average was up more than 100 points. The S&P 500 dropped 1.6% and the Nasdaq Composite pulled back 1.7%. 

European stocks erased gains on Monday to close lower as lingering coronavirus concerns offset resurfaced hopes of a U.S. stimulus deal in the coming weeks. 
The pan-European Stoxx 600 closed down by almost 0.2% provisionally, having been up by as much as 0.8% earlier in the session. The chemicals sector dipped 0.9% to lead the losses while financial services shares gained 1%. 
At the bottom of the European blue chip index, Saab shares dropped more than 14% after the Swedish carmaker posted a disappointing set of third-quarter results. 

BELEX15 was down 0.32% as NIS and Belgrade Airport were down 1.2% and 1%, respectively. Gains at Fitofarmacija and Komercijana were not strong to offset this. The most active name was Galenika Fitofarmacija, with RSD 5.6m in volume. 
The evaluation of the project of the construction of a thermal power plant in Kragujevac is in progress, Gazprom Energoholding told the Energija Balkana portal. According to the company, the necessary conditions for its realization are being analyzed at the moment. Gazprom Energoholding is also considering other projects in the territory of Serbia, including the construction of thermal power plants powered by gas and renewable energy sources (RES). 
Source: CNBC, Ilirika