Europe, US stocks overcome Covid-19 worries to partially recover

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Recent surge across world markets show signs of stalling as virus sees a resurgence. FMTNews Covid19 Markets Stocks

Wall Street engineered a strong finale to a roller-coaster session with all 3 major indices up by more than 1%.

European markets held onto their gains until the close, while Wall Street engineered a strong finale to a roller-coaster session. A key worry is the US, where dozens of states, including Texas, Florida and Arizona, have seen infections surge in recent days. The issue has become serious enough for New York, Connecticut and New Jersey to announce they will impose a 14-day quarantine on people arriving from areas with high infection rates.

 

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