Stocks falter as anxiety grows over second coronavirus wave

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Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted.

was off 0.5% after the country's factory prices fell at the sharpest rate in four years in April, worse than analysts' expectations.

The worrisome news follows a fresh outbreak in night clubs in South Korea and record number of new cases in a day in Russia. Fund managers expect equity markets to stay the course through June and avoid retesting March lows given the massive monetary stimulus provided by the U.S. Federal Reserve and other major central banks.

U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal while Australian media reported that China has suspended imports from four abattoirs in an escalation of tensions.

 

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Rsearch China's BRI and how Chinese government is using Covid relief to force countries into this investment scam. Similar to how Trump is a abusing Covid19 relief with Native Americans & their oil drilling protected federal lands.

Good, go down a lot, I might buy a few.

Stocks go up and down for a lot of reasons. Reuters doesn't know why any more than you do. 🤷‍♀️

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Asian stocks set to fall on growing second virus wave fearsAsian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. No one should do business with China ever again These headlines are so lame. Making up reasons why stocks rise or fall. Stocks move because of liquidity. End of!! An uncertain pathway is currently paving its way into all of our lives.
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Asian stocks stumble on fears of second coronavirus wave, oil upAsian shares skidded on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. Fauci & co got their latest Ebola variant, chimera, ready?
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