Global stocks retreat on rising second wave fears | Malay Mail

Japan’s Nikkei lost 1.3 per cent while in mainland China, bluechip CSI300 shares shed 0.1 per cent in early trade. — AFP pic

Japan’s Nikkei lost 1.3 per cent while in mainland China, bluechip CSI300 shares shed 0.1 per cent in early trade. The daily count of infections also hit a new benchmark in California and Texas, while Florida and Arizona also recorded the second-highest daily increases. “All this suggests that the more you re-start the economy, the more infections you have. People have thought the economy will quickly recover in July-September after dismal April-June. But that is now becoming uncertain.”

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