The second wave of COVID-19 convinced countries to impose new strict lockdowns
USA30 fell 3.43%, marking the most significant daily decline since July. USA500 went down 3.52%, and TECH100 slumped 3.73%. The drops resulted from the new lockdowns rumored to curb the sharp rise in COVID-19 infections.
Gold inched down 1.7% to $1,879.20 an ounce.
Asia and Australia
Japan225 was down 0.24% ahead of the Bank of Japan monetary policy announcement.
HongKong45 fell 0.46%.
Down under, Australia200 gained 0.31% after the country’s Consumer Price Index (CPI) rose 1.6% in the past quarter.
USD/JPY lost 0.21% to 104.19.
The benchmarks closed in the red after countries such as France and Germany announced lockdowns that will take effect starting Friday and Monday, respectively, to curb the second wave of COVID-19 infections.
Germany30 went down 4.1%, finishing at a level unseen since May 26.
Sources: marketwatch.com, investing.com
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