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Global stocks drop as US coronavirus cases surge
Global stocks fell on Thursday as rising US coronavirus cases stoked fears that a resurgence of the pandemic could derail an economic recovery. In morning trading in Asia-Pacific, Japan’s Topix index fell 1.3 per cent while Australia’s S&P/ASX 200 and South Korea’s Kospi each dropped 1.9 per cent. Markets in Hong Kong and China were closed for a public holiday. On Wall Street, the S&P 500 finished 2.6 per cent lower after the governors of New York, New Jersey and Connecticut announced that travellers coming in from states with high infection rates must quarantine for 14 days.
https://finance.yahoo.com/m/f739a3f...819b1/global-stocks-drop-as-us.html?.tsrc=rss
Global stocks fell on Thursday as rising US coronavirus cases stoked fears that a resurgence of the pandemic could derail an economic recovery. In morning trading in Asia-Pacific, Japan’s Topix index fell 1.3 per cent while Australia’s S&P/ASX 200 and South Korea’s Kospi each dropped 1.9 per cent. Markets in Hong Kong and China were closed for a public holiday. On Wall Street, the S&P 500 finished 2.6 per cent lower after the governors of New York, New Jersey and Connecticut announced that travellers coming in from states with high infection rates must quarantine for 14 days.
https://finance.yahoo.com/m/f739a3f...819b1/global-stocks-drop-as-us.html?.tsrc=rss
