Markets have also been buffetted by fears of where the virus is going as infections and deaths continue to mount and with European governments forced to impose fresh lockdowns.Major US cities such as New York have also put strict containment measures in place and on Thursday California announced a curfew across almost all of the state."There's the push-pull of short-term versus long-term and that's what investors are looking at right now," Chris Gaffney, at TIAA Bank, said.
In Asian trading, Hong Kong, Shanghai, Seoul, Singapore, Mumbai and Bangkok closed up modestly but Tokyo, Sydney, Wellington, Jakarta and Taipei slipped.
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What we need is stocks surge and virus steady