Global stocks fell on Monday, as France, Spain and the UK reported thousands of new cases of coronavirus over the weekend, leading to fears of a momentary wave of the disease that could lead to stricter blockades and activity restrictions.
Stock indices fell dramatically, but European indices were hardest hit, after the largest outbreak in Europe in weeks with 3,899 new cases in the UK, more than 10,000 in France and more than 14,000 in Spain.
Germany’s DAX fell by 2. 5%, the British FTSE 100 fell by 2. 9% and the Euro Stoxx 50 fell by 2. 3%. The euro fell 0. 2% against the dollar.
The extra regional index dragged down through the shares of European banks, which fell after reports that they had facilitated giant suspicious transactions for nearly two decades.
HSBC fell 4. 4% to a 25-year low, Standard Chartered fell by 4. 2% and Deutsche Bank lost 5. 7% at the start of European operations on Monday.
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Elsewhere, US futures are in the middle of the world. But it’s not the first time They fell while the Dow 30, the
The Anglo-Swedish pharmaceutical company’s trial was discontinued before this month after a volunteer was hospitalized and was reportedly diagnosed with a disease that caused inflammation of the spinal cord.
Geopolitical tensions put more pressure on threatening assets, such as stocks, while havens perceived as government bonds have won. The performance of the U. S. Treasury note. At 10 years it dropped almost four basic emissions in the day to 0. 661%.
China’s Ministry of Commerce issued a Saturday accusing the United States of intimidation. “If the United States insists on following its own path, China will take the necessary steps to resolutely safeguard the valid rights and interests of Chinese companies,” the ministry said in a Guardian statement.
After the United States first announced Friday that it would ban all new TikTok and WeChat downloads on Friday, the order is now suspended for a week.
Asian indices ended with the fall: China’s Shanghai compound fell by 0. 6%, Hong Kong’s Hang Seng fell by 2. 2% and Japan’s Nikkei more or less flat.
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