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The stock markets panicked by the new strain of the virus

The stock markets could have started the week on a positive note. After all, the US Congress had just agreed Sunday night on a new package of aid to the economy. Fixed at 900 billion dollars (nearly 800 billion francs), it had been in negotiations for months, including in particular support measures for small businesses, checks for precarious families, housing assistance or unemployment. It still had to be voted on Monday in the day.

“The United States has had its stimulus plan, but it seems that it was largely already taken into account in the indices”, said Craig Erlam, analyst for the broker Oanda, to AFP. In fact, this is not what has captured the attention of the markets. The latter are rather worried about the appearance of a new strain of Covid-19, which is more contagious.

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