Europe: Shares slide on rise in Covid-19 cases, weak US data

"The market is beginning to wake up to the idea that we're going to be seeing bad numbers which are going to be replicated elsewhere," said Jonathan Bell, chief investment officer at Stanhope Capital.

Europe's main index had scaled record highs earlier in the week as data signalled a slight slowdown in the outbreak, lending weight to forecasts that the crisis might blow over by April. Among technology stocks, software firm SAP lost 1.3 per cent, while chipmakers AMS AG, STMicroelectronics and ASML all fell more than 0.9 per cent.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Europe: Shares mark worst day in 3 weeks on weak earnings, coronavirus risksEurope: Shares mark worst day in 3 weeks on weak earnings, coronavirus risks
Source: BusinessTimes - 🏆 15. / 51 Read more »

Australia, New Zealand: Shares retreat from record highs as virus spreadsAustralia, NewZealand: Shares retreat from record highs as virus spreads
Source: BusinessTimes - 🏆 15. / 51 Read more »

Malaysia: Shares close lower on FridayMalaysia: Shares close lower on Friday.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Dropbox shares rise after upbeat results, share buyback planDropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a US$600 million ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia: Shares open lower on FridayMalaysia: Shares open lower on Friday
Source: BusinessTimes - 🏆 15. / 51 Read more »

2 remisiers jailed for aiding in market rigging of Koyo sharesRead more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »