Stock markets sink

Business

NEW YORK: Financial markets have tumbled around the world for a second day this week amid concerns that a rise in coronavirus cases will still hurt tentative economic recoveries.
Major US indexes sank 3.4 per cent or more, while European bourses also saw steep falls.
The UK’s FTSE 100 ended almost 2.6 per cent lower and Germany’s Dax dropped 4.2 per cent. The declines were widespread, as investors sold-off shares in favour of less risky assets.
In the US, travel and energy firms suffered some of the steepest losses. – BBC