World stocks pull back as virus worries resurface

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Global markets are still 'a bit cautious as uncertainty regarding a second wave of COVID-19 continues to simmer, countering recent economic data that has suggested improvement.'

In Europe, investors were underwhelmed by the Bank of England 's latest monetary policy decisions, which undermined the pound and London stocks.

Wall Street finished little changed after a choppy session, as investors weighed weak economic data against optimism over the impact of monetary stimulus. Art Hogan, chief market strategist at National Securities, described the market as being"in a bit of a stalemate" with worrisome economic and coronavirus trends offset by

 

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