Markets mixed, EU in final push for Brexit deal with UK

Markets were mixed on Tuesday.

The S&P 500 fell 0.2 percent and the Shanghai Composite tumbled 1.9 percent.

However, the STOXX Europe 600 rose 1.2 percent as the European Union said it is giving a “final push” in a bid to strike a Brexit trade deal with the UK.

Lingering concerns over COVID-19 kept other markets in check though. The US is under siege from the disease as hospitals are becoming overwhelmed before the festive holidays.

“The whole California ICU capacity has been going down. We are all struggling,” said Dr Imran Mohammed of Sutter Roseville Medical Center.