Wall Street stocks resumed their sell-off on Wednesday, September 23, while European equities advanced despite worries over increased coronavirus cases in the region that are sparking fresh restrictions., which snapped 3 days in the red.
O'Hare said fresh restrictions in Europe in response to higher coronavirus cases raised worries about a similar dynamic in the United States. The Business Roundtable on Wednesday joined a chorus of groups and lawmakers calling for more stimulus spending, saying the failure to act risks"long-term damage" to the US economy.As European markets closed, London's benchmark FTSE 100 shares index was 1.2% higher, well off its intraday high.Business activity in theand Britain stagnated in September as a summer recovery faltered owing to rising cases of the coronavirus, IHS Markit said.
Markets are jittery over an uptick in coronavirus cases that prompted Marseille, France's second biggest city, to close bars and restaurants.