(Bloomberg) — Stocks fell on Friday as a buying frenzy in China cooled and concern resurfaced that a rising number of coronavirus cases will hurt the global economic recovery. Treasuries and the dollar rose.The Stoxx Europe 600 Index slipped at the open, with oil and gas companies and miners leading declines. Shares in China slumped as selling by state-backed funds signaled authorities wanted to slow the pace of gains following the Shanghai Composite’s eight-day winning run. Hong Kong fell more than 2%, with the government set to close schools after a spike in new infections.Contracts on the S&P 500 Index …read more
Source:: Yahoo Finance