Stock Markets Drift Lower as New Infections Rise: Live Updates

Global markets weaken on signs of new infections around the world.

Global markets drifted lower on Monday, amid persistent worries about the ability of global leaders to stop the coronavirus from spreading further

European stocks opened more than half a percentage point lower in morning trading, though they made up some lost ground later in the session. Asian markets ended mixed.

Investor indecision was manifested in other markets, too. Prices for U.S. Treasury bonds, usually seen as an investor safe haven, were mixed. Oil prices were flat on futures markets.

Futures markets that follow U.S. stocks were predicting Wall Street would open slightly lower.

Investors were watching the spread of cases in the United States, where a top adviser to President Trump said on Sunday that officials are preparing for a possible second wave of infections. They were also watching potential trade tensions between the United States and China, after Beijing said it was temporarily suspending poultry imports from a Tyson Foods slaughterhouse that has had coronavirus cases among its workers.

Article source: https://www.nytimes.com/2020/06/22/business/stock-market-today-coronavirus.html