Global stocks slide as France, Spain, and the UK record thousands of new COVID-19 cases
Traders work on the floor at the New York Stock Exchange in New York, U.S., July 29, 2019.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.British pharma group AstraZeneca's US clinical trial of a COVID-19 vaccine isThe 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.
Equity benchmarks declined broadly, but European indices were the worst hit, following the largest outbreak in Europe in recent weeks with
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