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| - Equities slid Monday on fears that a second wave of virus infections could spark fresh lockdowns and snub out any economic recovery. Oil prices also dived as more pressure on growth would ravage demand for the commodity. "Markets around the world have sold off again on heightened fears around a second wave of coronavirus infections and deaths," said investment director Russ Mould at stockbroker AJ Bell. Wall Street fell more than 600 points at the opening bell. European markets were also well down, but off early lows as the continent pressed ahead with easing their strict lockdowns. Earlier in Asia, Tokyo, Hong Kong and Shanghai all tumbled following signs that the COVID-19 disease had returned to China, after a resurgence in parts of the US. "The numbers are still very low in the Chinese capital but the risks are high which may explain the apprehension we are seeing in the markets," said analyst Craig Erlam at trading firm OANDA. More than a dozen US states, including Florida and Texas, reported their highest-ever daily case totals, while Rome and Tokyo have also seen fresh spikes. AxiCorp analyst Stephen Innes warned that new US infections could be an ominous sign for markets. "Falling infection rates have provided investors the confidence that the lockdown approach was working, allowing equity investors to look forward to 2021 as impressive monetary and fiscal policy provide a post-pandemic bridge." "However, rising new daily COVID-19 cases in two of the three most populous states in the US will test that resolve." Even counting their latest losses, global stock markets have soared up to 50 percent from their March troughs thanks to the lifting of stay-at-home orders and trillions of dollars of stimulus by governments and central banks. London - FTSE 100: DOWN 1.4 percent at 6,018.02 points Frankfurt - DAX 30: DOWN 1.2 percent at 11,803.37 Paris - CAC 40: DOWN 1.2 percent at 4,781.11 EURO STOXX 50: DOWN 1.5 percent at 3,107.83 New York - Dow: DOWN 2.5 percent at 24,962.95 Tokyo - Nikkei 225: DOWN 3.5 percent at 21,530.95 (close) Hong Kong - Hang Seng: DOWN 2.2 percent at 23,776.95 (close) Shanghai - Composite: DOWN 1.0 percent at 2,890.03 (close) West Texas Intermediate: DOWN 3.8 percent at $34.88 per barrel Brent North Sea crude: DOWN 2.4 percent at $37.79 Euro/dollar: DOWN at $1.1248 from $1.1256 at 2100 GMT Dollar/yen: UP at 107.39 yen from 107.38 yen Pound/dollar: DOWN at $1.2536 from $1.2540 Euro/pound: DOWN at 89.70 pence from 89.76 burs-jh/spm
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