Markets were mostly higher on Tuesday.
The S&P 500 rose 1.1 percent while the STOXX Europe 600 rose 0.2 percent.
Earlier in the day, though, Asian markets fell, with the Shanghai Composite declining 1.3 percent.
The resurgence in COVID-19 cases remained a concern, dragging down many airline and travel-related stocks.
UK Prime Minister Boris Johnson told the British people on Tuesday to work from home where possible and ordered restaurants and bars to close early to tackle the resurgence in the country.
“We reserve the right to deploy greater firepower, with significantly greater restrictions,” he told parliament.
In the US, the death toll from COVID-19 exceeded 200,000 on Tuesday, by the far the highest number of any nation.
The University of Washington’s health institute is forecasting that the death toll will reach 378,000 by the end of 2020.
No comments:
Post a Comment