Global shares fall sharply, investors seek safety as COVID-19 cases rise

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

European shares fell to two-week low as a sharp uptick in COVID-19 cases is prompting governments to impose fresh lockdown measures

European indexes fell sharply, with the pan-European STOXX 600 down 2.7%, its lowest since the start of August.Monday’s losses were in part due to rising COVID-19 cases in Europe, said Samy Chaar, chief economist at Lombard Odier.

FILE PHOTO: A worker wearing a protective suit takes body temperature measurement of a man inside the Shanghai Stock Exchange building, as the country is hit by the coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song/File Photo “This reality combined with the growing realisation that a vaccine remains many months away, despite President Trump’s claims to the contrary, has made investors increasingly nervous, as we head into an autumn that could see lockdowns reimposed,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Your page is not working

Please do not overreact... This time e second wave is prevented by much smarter interventions while life goes on.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines