Global markets, Wall Street slide on surging COVID-19 cases, stimulus doubts


The Dow Jones Industrial Average fell 650.19 points, or 2.29%, to 27,685.38, the S&P 500 lost 64.42 points, or 1.86%, to 3,400.97 and the Nasdaq Composite dropped 189.35 points, or 1.64%, to 11,358.94. The pan-European STOXX 600 index lost 1.81% and MSCI's gauge of stocks across the globe shed 1.52%. Emerging market stocks lost 0.51%. Japan's Nikkei futures fell 0.57%

NEW YORK: Stocks across the globe posted their biggest decline in a month on Monday as surging coronavirus cases in Europe and the United States clouded the world economic outlook, giving the U.S. dollar a safe-haven boost.

The United States, Russia and France set new daily records for coronavirus infections as a resurgence of the virus swelled across parts of the Northern Hemisphere, forcing some countries to impose new curbs.

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Covid-19 , stocks , Wall street , Dow Jones , S&P , Nasdaq , dollar ,

   

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