BOLUSOD NEWS : Markets hit by coronavirus second-wave fears, as gold touches one-month high - business live

on

Rolling coverage of the latest economic and financial news

Stock markets across Europe have also opened in the red, with Germany’s DAX down 1.1%, France’s CAC losing 1.3% and Italy’s FTSE MIB off 0.8%.

Britain’s FTSE 100 index has dropped by 63 points, or just over 1%, at the start of trading.

Mining giant Glencore is the top faller, down 5.4%, followed by Intercontinental Hotels (-3.5%), jet engine maker Rolls-Royce (-3.3%) and advertising giant WPP. They would all suffer if a second wave of Covid-19 cases triggered new lockdown measures, leading to lower economic growth and less travel.

Continue reading...

from World news | The Guardian https://ift.tt/31b23IC
via IFTTT

Comments

Post a Comment