Health & Fit Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases
Trump claims 99% of coronavirus cases are 'totally harmless'; 'long haulers' with lingering symptoms say he's wrong
Doctors and patients with COVID-19 complications are raising concerns about long-term harm, even as President Donald Trump downplays the risks.But it's disbelief from an insurer and doctors that's frustrated her as much as her lingering health problems.
- Global stocks fell on Monday, as surging cases of COVID-19 in Europe rattled investors over the largest regional outbreak in recent weeks.
- Shares of European banks dragged regional indices lower following reports that they moved large sums of money from suspicious transactions over nearly twenty years.
- US futures pointed to a fourth day of declines later on when Wall Street opens.
- British pharma group AstraZeneca's US clinical trial of a COVID-19 vaccine is .
- The US ban on all new downloads of TikTok and WeChat is also on hold as President Donald Trump said he had given his "blessing" to a deal with Oracle.
Global stocks fell on Monday as France, Spain, and the UK reported thousands of new coronavirus cases over the weekend, raising fears of a second wave of the disease that could bring tighter lockdowns and restrictions on activity.
A Harvard Doctor Just Shared a Dark Coronavirus Prediction for the Fall
According to one Harvard doctor, by the fall, the U.S. will be like "two countries" experiencing coronavirus in very different ways. © Provided by Best Life In a recent interview, Ashish Jha, MD, MPH, director of the Harvard Global Health Institute (HGHI), compared the relatively large differences between the current condition of New York and the New England states versus states like Florida, Texas, and Southern California, which are currently seeing unprecedented coronavirus case spikes.But he warned that the worst may be yet to come, especially as flu season approaches in late fall.
Equity benchmarks declined broadly, but European indices were the worst hit, following the largest outbreak in Europe in recent weeks within the UK, over 10,000 in France, and more than in Spain.
Germany'sfell 2.5%, Britain's fell 2.9%, and the fell 2.3%. The fell 0.2% against the dollar.
"The threat of the return of large scale COVID-19 lockdowns in the UK and Europe" will add to further gloom for investors, said Jeffrey Halley, a senior market analyst at OANDA.
The regional index was dragged down further by shares in European banks that tumbled on reports that they facilitatedover nearly two decades.
dropped by 4.4% to a 25-year-low, fell 4.2%, and lost 5.7% in early European trading on Monday.
Green tea: an ally against food allergies?
© wenn A new study suggests that drinking green tea may help people with food allergies. Researchers at the University of Shinshu in Japan have found that certain gut microbes can affect the way the immune system responds to certain allergens, and found that the number of flavonoids, a diverse group of phytonutrients, can positively improve bacteria. in the intestine.
Elsewhere, US futures declined as the, , and fell between 1% and 1.4%, suggesting that the slide that has taken place over the last three weeks could continue into this week.
Anxiously awaiting news of a successful COVID-19 vaccine, investors were further discouraged by AstraZeneca saying its US clinical trial for a COVID-19 vaccine was.
The British-Swedish pharmaceutical firm's trial was suspended earlier this month after aand reportedly diagnosed with a condition that causes inflammation in the spinal cord.
Geopolitical tensions added to the pressure on risk assets, such as stocks, while perceived safe-havens such as government bonds gained. The yield on the 10-year US Treasury note was last down nearly 4 basis points on the day at 0.661 percent.
Dr. Fauci Just Warned of This 'Very Disturbing' COVID Symptom
“We're see more and more people who recover from the viral part of it, and then weeks later, they feel weak, they feel tired, they feel short of breath.”Ever since COVID-19 reared its ugly head and upended our world, long-lasting symptoms of the virus have been varied and hard to pinpoint—until now. "A survey conducted by Dr. Natalie Lambert of Indiana University School of Medicine and Survivor Corps analyzed the long-term experiences COVID-19 survivors are having with the virus. The COVID-19 'Long Hauler' Symptoms Survey Report identified 98 long-lasting symptoms." Click through from least common to most common to see if you've experienced any.
China's Ministry of Commerce issued a statement accusing the US of bullying on Saturday. "If the US insists on going its own way, China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies," the ministry said in a statement per.
After the US first announced Friday that it would ban all new downloads of TikTok and WeChat on Friday, the order is now officially on hold for a week.
The postponement came the same dayto a deal between TikTok and US tech giant Oracle.
Asian indexes finished lower withdown 0.6%, Hong Kong's down 2.2%, and Japan's about flat.
Video: We like Chinese discretionary stocks due to pent-up demand: Strategist (CNBC)
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Until we meet again, groufits.