European stocks slide as Wall Street hit by virus surge

Irish Times | Jul 9, 2020 at 8:17 PM
  • European stocks closed sharply lower on Thursday as Wall Street tumbled after another record surge in US coronavirus cases that raised fears of fresh lockdowns.
  • After hovering in positive territory until afternoon trading, the broader European index lost ground and closed down 0.8 per cent to hit a one-week low.
  • US stock indexes dropped in early trading on Thursday as fears of another lockdown to contain a surge in coronavirus cases overshadowed data pointing to a declining trend in weekly jobless claims.