Global equities stumble as traders worry about pandemic
Frankfurt, Paris and London all opened weaker on Wednesday as investors adopt a wait-and-see stance before second-quarter earnings
08 July 2020 - 11:35
London/Sydney — Global stocks faltered on Wednesday, losing momentum after a five-day rally, as an increase in new coronavirus cases in some parts of the world undermined prospects for a quick economic recovery. Oil prices fell on oversupply fears.
Frankfurt, Paris and London all opened lower in early trading as investors shifted to wait-and-see mode before upcoming earnings and clung to the perceived safety of the dollar...
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