Global stock prices fell on Thursday, November 12, amid concerns about the spread of COVID-19, which threatens economic recovery by overshadowing vaccine hopes.
“The near-terrible months in the United States (and Europe), which are almost certainly known, are currently dominated by current levels of infection, hospitalization and mortality. [investoru] in the mood, “he said National Australia Bank represented by Ray Attrill.
Investors are also encouraged to pause vaccine development, said Joshua Mahony, a market analyst at online trading firm IG.
Investor sentiment was not boosted by the news that the number of new claims for unemployment benefits in the United States fell by 48,000 last week, recording a faster-than-expected decline.
Oil prices also fell due to the outlook for declining demand.
Investors continued to follow developments in Washington, where President Donald Trump refuses to concede defeat in the presidential election and has appealed to the courts to challenge the results in several states.
The stubborn stamina has heightened concerns about the transition of the presidency and raised doubts as to whether the US Congress will finally be able to agree on a new economic stimulus package.
US stock index Dow Jones Industrial Average on Thursday fell 1.1% to 29,080.17 points, the index Standard & Poor’s 500 fell 1.0% to 3537.01 points, but the index Nasdaq Composite decreased by 0.7% to 11,709.59 points.
The London Stock Exchange index FTSE 100 fell by 0.7% to 6338.94 points on Thursday, the Frankfurt stock exchange index DAX 30 fell by 1.2% to 13,052.95 points, while the Paris stock exchange index CAC 40 fell by 1.5% to 5362 .57 points.
In the electronic trading of the New York Stock Exchange, the price of WTI crude oil fell by 1.3% on November 12 to USD 40.92 per barrel. Brent The price of crude oil on the London Stock Exchange fell by 1.2% to $ 43.26 per barrel.
The euro rose against the US dollar from 1.1781 to 1.1807 dollars per euro on Thursday, the British pound fell against the US dollar from 1.3218 to 1.3.38 dollars per pound, and the US dollar depreciated against the Japanese yen from 105.42 to 105.10 yen per dollar. The value of the euro against the British pound rose from 89.11 to 89.96 pence per euro.
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