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US and European markets dip as Covid containment efforts founder
Investors’ summer optimism gives way to insecurity as curfews and lockdowns returnCoronavirus – latest updatesSee all our coronavirus coverageStock markets in the US and Europe fell sharply oas investors focused on signs that rich countries’ efforts to contain the coronavirus pandemic were foundering.In Europe, the Stoxx 600 index lost 1.8% after heavy falls in German blue-chip stocks. In the US the benchmark S&P 500 had lost 2.2% by the middle of afternoon trading on Wall Street and the Dow Jones industrial average fell by 2.8%. Continue reading...
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