European stocks slumped Thursday, with investors concerned about the impact of a second wave of coronavirus on the economy without any imminent stimulus to cushion the blow.
Decliners included airlines Deutsche Lufthansa LHA, -4.75%, International Airlines Group IAG, -4.39% and Air France-KLM AF, -2.70%, and hotel operators Whitbread WTB, -5.34%, Accor AC, -5.40% and InterContinental Hotels IHG, -2.64%.With coronavirus on the rise, France announced a new curfew in Paris and other major cities, as U.K. media speculate about imminent restrictions due to hit London.
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Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks mixed on fading U.S. stimulus hopes, virus concernsAsian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold. Quick, someone ask Rudy Giuliani what he thinks about this Asian stuff. Why would asian stocks care about US stimulus? ...
Source: Reuters - 🏆 2. / 97 Read more »
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