"The incremental news on the virus in the last 24 to 48 hours has been disappointing," John Porter, at Mellon Investments, told Bloomberg TV.
US and European markets fell around 4 per cent Wednesday, with investors ignoring data showing far fewer private-sector jobs were lost last month than were expected. Eyes are on the release later in the day of US jobless claims figures for last week, which some estimates have put at a mind-boggling 6.5 million.The selling extended into Asia, with Tokyo ending the morning down 0.8 per cent, while Hong Kong dropped 0.5 per cent and Sydney shed more than 2 per cent. Shanghai eased 0.
Mr Trump said he had held talks with the leaders, adding:"I think that they will work it out over the next few days."
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