Hopes for new government support in the US and Europe and growth in the number of new cases of COVID-19 led to mixed trading in the European stock market.
Germany's DAX rose by 0.1%, France's CAC 40 fell by 0.5%, and Britain's FTSE dropped by 0.2%.
European Union leaders will meet again to discuss the amount of the aid package for countries hit hard by the coronavirus.
Around €750 billion will be allocated for grants and loans. This is an important step towards the fiscal integration made by Europe. However, not all countries support this policy.
For example, the Prime Minister of the Netherlands believes that the countries are unlikely to reach an agreement. At the same time, the French President is confident that the EU will be able to sign the document.
Analysts at Danske Bank also doubt that EU leaders will agree on the weekend.
The head of the European Central Bank, Christine Lagarde, in turn, believes that additional incentives are needed to counter the growing uncertainty in the fight against the virus and to mitigate the impact of the epidemic.
The Daimler AG share price rose by 4%. The Telefonaktiebolaget LM Ericsson B ADR shares increased by 8.1%.
Shares of automaker Saab AB advanced by 2.6%.
However, oil prices fell amid rising incidence in the United States. This could lead to a drop in oil demand.
Futures for WTI crude oil declined by 0.7% to trade at $40.45 per barrel, while the international contract for Brent crude dropped by 0.8% to $43.01 per barrel.
Gold futures rose by 0.1% to $1,801.20 per ounce, while EUR/USD increased by 0.1% to 1.1387.