⁍ Shares on Thursday slipped globally to a two-week low and oil steadied after another heavy fall.
⁍ Europe has seen coronavirus cases surge to a record high, with Spain becoming the first Western European country to exceed 1 million infections.
⁍ In the United States, nearly two-thirds of states were in a danger zone of coronavirus outbreaks.
– The Dow fell more than 200 points on Wednesday, its biggest single-day drop in more than two years, as investors worried about rising US interest rates and the prospect of a government shutdown at the end of the month, the Wall Street Journal reports. The S&P 500 and Nasdaq were up about the same amount at the start of trading Thursday. Markets in Europe and Asia were in the same boat, notes Reuters.
Source: https://www.reuters.com/article/global-markets-int/stimulus-hopes-alive-but-sentiment-sapped-by-covid-surge-idUSKBN2763D9